Mike F. Chang, a Director and 10% Owner of Alpha & Omega Semiconductor Ltd (NASDAQ:AOSL), filed a Form 4 on August 14, 2026, disclosing the transfer of 3,000,000 common shares to the CHANG TRUST on August 13, 2026, for no consideration.

Key Highlights

  • Transaction: Mike F. Chang transferred 3,000,000 common shares to the CHANG TRUST on August 13, 2026, at a price of $0.
  • No Change in Beneficial Ownership: According to the filing, Chang remains the beneficial owner of the securities held by the trust, as he is the trustee and his immediate family members are the sole beneficiaries.
  • Direct Holdings After Transaction: Chang directly holds 560,540 common shares following the reported transaction.
  • Indirect Holdings: Chang indirectly holds 3,799,786 common shares through the CHANG TRUST.
  • Unvested Awards Included: The direct share total includes 35,625 unvested PSU shares, 45,000 unvested MSU shares, and an aggregate of 67,500 shares subject to RSU awards.

Mike F. Chang's Share Transfer to CHANG TRUST: Details from the Filing

According to the Form 4 filed with the SEC on August 14, 2026, Mike F. Chang, identified as both a Director and a 10% Owner of Alpha & Omega Semiconductor Ltd, transferred 3,000,000 common shares to the CHANG TRUST on August 13, 2026. The filing states the transfer was made "for no consideration," carrying a price of $0. The transaction is coded as "G," indicating a gift or similar transfer. The filing notes that Chang is the trustee of the trust and that members of his immediate family are the sole beneficiaries, and that "the reporting person remains the beneficial owner of the securities held by the trust."

Following the reported transaction, Chang's direct beneficial ownership stands at 560,540 common shares. The filing explains that this figure includes 35,625 unvested shares tied to Performance Share Unit (PSU) grants made on March 15, 2024, and March 17, 2025, as well as 45,000 unvested shares subject to a Market-Based Performance Share Unit (MSU) grant dated July 1, 2018. Also included are an aggregate of 67,500 shares subject to Restricted Share Unit (RSU) awards granted on March 15, 2023, March 15, 2024, March 17, 2025, and March 16, 2026. The filing separately notes that 22,500 unvested common shares subject to a PSU granted on March 16, 2026, are excluded, as they "may become vested upon achievement of certain corporate performance goals in the future."

In addition to his direct holdings, Chang indirectly holds 3,799,786 common shares through the CHANG TRUST, as reported in Table I of the filing. The Form 4 was signed by Yanbing Hong as attorney-in-fact for Mike F. Chang and dated August 14, 2026.

What Was Disclosed

The filing discloses a transfer of 3,000,000 common shares by Director and 10% Owner Mike F. Chang to a family trust for no consideration, with Chang retaining beneficial ownership. His direct and indirect share totals following the transaction are also reported.