Chen Pin-Jen, Executive Vice President and Chief Strategy Officer of Perfect Corp., filed a statement of changes in beneficial ownership on October 26, 2026, reporting the disposition of Class A Ordinary Shares and the cancellation of stock options in connection with a going-private transaction completed on October 23, 2026.

Key Highlights

  • Shares disposed: 118,062 Class A Ordinary Shares were disposed of on October 23, 2026, via transaction code J, leaving a post-transaction balance of 0 shares held directly.
  • Going-private cash consideration: The filing states shares were exchanged for $2.00 per share in cash pursuant to the going-private transaction.
  • Three option grants canceled: Stock options with exercise prices of $3.95 (44,260 shares), $4.93 (53,110 shares), and $1.84 (35,000 shares) were all canceled on October 23, 2026.
  • Out-of-the-money options received no cash: According to the filing, options with exercise prices at or above $2.00 per share were canceled for no consideration.
  • In-the-money option payment: The $1.84-exercise-price option was canceled for a cash payment equal to $0.16 per share, the excess of the $2.00 merger consideration over the $1.84 exercise price.
  • Section 16 reporting ends: The filing states the reporting person is no longer subject to Section 16 obligations in connection with equity securities of the issuer and will not file further reports on this matter.

Perfect Corp. Going-Private Transaction Closes, Eliminating Chen Pin-Jen's Equity Position

Perfect Corp. (NYSE:PERF), a technology company focused on artificial intelligence and augmented reality solutions for beauty and fashion applications, completed a going-private transaction as of October 23, 2026. According to the filing, Chen Pin-Jen, who serves as EVP and Chief Strategy Officer, disposed of all 118,062 Class A Ordinary Shares held directly, receiving $2.00 per share in cash as the merger consideration. Following the transaction, the filing reports a post-transaction beneficial ownership of zero shares.

The filing also reports the cancellation of three separate stock option grants on October 23, 2026. The options carrying exercise prices of $3.95 and $4.93 per share, covering 44,260 and 53,110 Class A Ordinary Shares respectively, were canceled for no consideration, as their exercise prices equaled or exceeded the $2.00 merger consideration. The third grant, covering 35,000 Class A Ordinary Shares at an exercise price of $1.84, was canceled for a cash payment calculated at $0.16 per share, representing the excess of the $2.00 merger price over the $1.84 exercise price.

The filing notes that, as a result of the going-private transaction, Chen Pin-Jen "is no longer subject to Section 16 in connection with the reporting person's transactions in the equity securities of the issuer and therefore will no longer report any such transactions on Form 4 or Form 5." The document was signed by Hsiao-Chuan (Iris) Chen as attorney-in-fact and dated October 26, 2026.

What Was Disclosed

This filing reports Chen Pin-Jen's final beneficial ownership changes in Perfect Corp. securities, covering the disposition of 118,062 Class A Ordinary Shares and the cancellation of three stock option grants, all on October 23, 2026, in connection with a going-private transaction at $2.00 per share.