UNITED MICROELECTRONICS (UMC) Executive Liu Sells $228.8M in Shares

Liu Chitung disposed of 1.6 million UMC shares on the open market over two days, leaving a holding of about 2.64 million shares.

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United Microelectronics manufactures chips on contract for external customers.
Source: Wikimedia

United Microelectronics (UMC) insider Liu Chitung sold 1.6 million common shares on the open market across two consecutive days, according to Form 4 filings with the Securities and Exchange Commission. The combined value of the open-market transactions disclosed in the filings is about $228,799,600.