UTI CEO Deokyoung Park Increases Shareholding via Open Market Purchases but Ownership Percentage Falls Due to Outstanding Share Growth
UTI CEO Deokyoung Park acquired an additional 43,980 common shares through open market purchases on March 6 and March 9, 2026 at unit prices of 20,266 KRW and 21,800 KRW respectively, close to the current market price of 19,640 KRW.
His total shareholding increased from 3,285,780 to 3,329,760 shares, but his ownership percentage decreased from 20.27% to 16.83% due to an increase in the company's total outstanding shares from 16,206,895 to 19,790,412.
This transaction involves only existing shares purchased in the open market and does not result in any dilution or change in the company's capital structure.
The insider's voluntary purchase is a positive signal of management's confidence in the company's intrinsic value.
[AI Summary]UTI CEO Deokyoung Park's open market purchase of existing shares without new issuance poses no dilution risk to shareholders. It reflects management confidence and may support the stock price positively. However, the decline in ownership percentage due to increased outstanding shares warrants attention.
KOSDAQ Filing Information
[Correction of Description] Report on Ownership of Specific Securities, etc. by Executives and Major Shareholders