Liu Weichuan, CGO and President of Americas at Perfect Corp., filed a Form 4 on October 26, 2026, reporting the disposition of Class A Ordinary Shares and the cancellation of stock options as a result of a going-private transaction involving the issuer.

Key Highlights

  • 353,471 Class A Ordinary Shares disposed: Liu Weichuan's shares were disposed of on October 23, 2026, pursuant to a going-private transaction, in exchange for $2.00 per share in cash.
  • Two stock option grants canceled: Options covering 39,834 shares (exercise price $3.95) and 39,830 shares (exercise price $4.93) were both canceled as part of the same going-private transaction.
  • No cash received for canceled options: According to the filing, options with an exercise price equaling or exceeding the $2.00 merger consideration were canceled for no consideration.
  • Post-transaction beneficial ownership is zero: Following the reported transactions, Liu Weichuan holds 0 Class A Ordinary Shares and 0 derivative securities directly.
  • No further Section 16 reporting required: The filing states the reporting person is no longer subject to Section 16 obligations in connection with the issuer's equity securities as a result of the going-private transaction.

Perfect Corp. Going-Private Transaction Eliminates Liu Weichuan's Equity Holdings

According to the Form 4 filed with the SEC on October 26, 2026, Liu Weichuan, identified as CGO and President of Americas at Perfect Corp. (NASDAQ:PERF), reported changes in beneficial ownership stemming from a going-private transaction involving the issuer. The earliest transaction date listed in the filing is October 23, 2026. All reported transactions carry transaction code "J," indicating a disposition or cancellation under a non-standard transaction type.

The filing discloses that 353,471 Class A Ordinary Shares held directly by Liu Weichuan were disposed of "pursuant to the going-private transaction involving the issuer in exchange for $2.00 per share in cash." In addition, two separate stock option grants were canceled under the same transaction. The first covered 39,834 Class A Ordinary Shares with an exercise price of $3.95 and a date exercisable beginning January 20, 2027. The second covered 39,830 Class A Ordinary Shares with an exercise price of $4.93 and a date exercisable through May 22, 2028. The filing explains that options were canceled "in exchange for an amount equal in cash to the number of shares subject to each option times the excess, if any, of the merger consideration ($2.00 per share) over the applicable exercise price of that option (or for no consideration if the exercise price equaled or exceeded $2.00 per share)."

The filing further states: "As a result of the going-private transaction involving the issuer, the reporting person 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 form was signed by Hsiao-Chuan (Iris) Chen as attorney-in-fact on October 26, 2026.

What Was Disclosed

Liu Weichuan, CGO and President of Americas of Perfect Corp., reported the full disposition of 353,471 Class A Ordinary Shares at $2.00 per share and the cancellation of two stock option grants totaling 79,664 underlying shares, all pursuant to a going-private transaction on October 23, 2026.