SCHEDULE: Apollomics Inc. Shareholder Yi-Kuei Chen Crosses 5% Threshold

Yi-Kuei Chen, an officer and director of Apollomics Inc., has reported beneficial ownership of over 5% of the company's Class A ordinary shares following the vesting of restricted stock units.

Summary

• Yi-Kuei Chen, who serves as Chief Operating Officer and a board member of Apollomics Inc., has filed a Schedule 13D indicating beneficial ownership of 115,171 Class A ordinary shares, representing approximately 5.3% of the outstanding shares.
• This ownership threshold was crossed due to the vesting of 5,000 restricted stock units (RSUs) on February 17, 2026, and an additional 5,000 RSUs scheduled to vest on May 17, 2026.
• The total beneficial ownership includes 100 shares held directly by Mr. Chen, 101,248 shares held by Maxpro Investment Co., Ltd. (Maxpro), 3,823 shares issuable upon exercise of warrants held by Maxpro exercisable within 60 days, and the aforementioned 10,000 RSUs.
• The shares held by Maxpro were acquired using its working capital and/or investment funds, while Mr. Chen's RSUs were granted as compensatory awards.
• Mr. Chen holds sole voting and dispositive power over his directly held shares and shared power over shares held by Maxpro.
• The filing states that the shares are held for investment purposes, and Mr. Chen may acquire or dispose of shares in the future based on various factors, subject to applicable law and insider status.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily a reporting event due to RSU vesting and warrant exercisability, rather than a signal of significant new developments or financial performance.

Positives

• Yi-Kuei Chen, a key executive and director, has increased his stake in Apollomics Inc., potentially signaling confidence in the company's future.
• The vesting of RSUs indicates continued compensation and potential alignment of executive interests with shareholder value.
• The filing clarifies the ownership structure and beneficial interest, providing transparency to investors.

Negatives

• The increase in ownership is a result of RSU vesting and warrant exerciseability, not necessarily new capital investment by the reporting person.
• The filing does not indicate any new strategic initiatives or significant positive operational developments, but rather a reporting event.

Risks

• Potential for future share disposals by Mr. Chen, which could impact share price if significant.
• The reliance on Maxpro for a substantial portion of the shares introduces a layer of complexity to direct ownership and control.
• As an insider, Mr. Chen's trading activities are subject to restrictions, which could limit flexibility.

Future Outlook

The reporting person, Yi-Kuei Chen, may from time to time review his investment in Apollomics Inc. and may acquire additional shares or dispose of some or all of his shares, subject to applicable law and his insider status. No specific future plans or proposals beyond ordinary course participation as an officer and director are disclosed.

Management Comments

• The shares are held for investment purposes.
• Except as may occur in the ordinary course in the Reporting Person's capacity as an officer and director of the Issuer (including participating in discussions and decisions relating to the Issuer's operations, strategy, financing, and corporate governance), the Reporting Person does not currently have any plans or proposals that relate to or would result in any of the actions or transactions described in Items (a) through (j) of Item 4 of Schedule 13D.
• The Reporting Person may, from time to time, review the Reporting Person's investment in the Issuer on the basis of various factors, including the Issuer's business, financial condition, results of operations, prospects, and market conditions, and may in the future acquire additional Shares or dispose of some or all of the Shares, subject to applicable law and the Reporting Person's insider status.

Industry Context

StockSavvy.ai notes that Schedule 13D filings are common for significant shareholders, especially insiders, to report changes in beneficial ownership. This filing by a key executive of Apollomics Inc. highlights the ongoing management's stake and potential future trading activity, which is a standard disclosure for publicly traded companies.

Stakeholder Impact

• Shareholders: Increased transparency regarding insider ownership and potential future trading activity.
• Employees: Continued alignment of executive compensation with company performance through RSUs.
• Management: Reinforces the role and stake of the COO in the company's strategic direction.

Next Steps

• Yi-Kuei Chen may continue to monitor his investment and potentially adjust his holdings.
• The company's operations, strategy, financing, and corporate governance will continue to be influenced by management, including Mr. Chen.

Key Dates

Keywords

Apollomics Inc., Schedule 13D, Yi-Kuei Chen, Beneficial Ownership, Class A ordinary shares, Restricted Stock Units, Warrants, Insider Trading, SEC Filing, Maxpro Investment Co., Ltd.