FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Shi Yimeng

(Last) (First) (Middle)
UNIT 2214-RM1, 22/F, MIRA PLACE TOWER A
132 NATHAN ROAD, TSIM SHA TSUI, KOWLOON

(Street)
HONG KONG 000000

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
uCloudlink Group Inc. [ UCL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares (1) 2,418,210
D
 
Class A ordinary shares (2) 144,000
D
 
Class A ordinary shares (3) 21,560
D
 
Class A ordinary shares (4) 180,000
D
 
Class A ordinary shares (5) 250,000
D
 
Class A ordinary shares (6) 70,340
D
 
Class A ordinary shares (7) 500,000
D
 
Class A ordinary shares (8) 171,820
D
 
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Share Option (right to buy)   (9) 12/31/2030 Class A ordinary share 525,000 0.5 D  
Share Option (right to buy)   (9) 12/31/2031 Class A ordinary share 75,000 0.5 D  
Share Option (right to buy)   (9) 04/27/2027 Class A ordinary share 630,000 0.5 D  
Share Option (right to buy)   (9) 04/27/2028 Class A ordinary share 525,000 0.5 D  
Share Option (right to buy)   (9) 04/27/2029 Class A ordinary share 525,000 0.5 D  
Share Option (right to buy)   (9) 04/27/2030 Class A ordinary share 315,000 0.5 D  
Share Option (right to buy)   (9) 04/27/2031 Class A ordinary share 105,000 0.5 D  
Explanation of Responses:
1. Each holder of Class A ordinary shares of uCloudlink Group Inc. (the "Company") is entitled to one vote per share and each holder of Class B ordinary shares of the Company is entitled to 15 votes per share on all matters submitted to them for a vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.
2. This represents the remaining unvested restricted share units ("RSUs") granted to the reporting person on August 30, 2022 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 72,000 RSUs will vest on each of August 30, 2026 and 2027.
3. This represents the remaining unvested RSUs granted to the reporting person on January 1, 2023 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 21,560 RSUs will vest on January 31, 2027.
4. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2023 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 60,000 RSUs will vest on each of May 31, 2026, 2027 and 2028.
5. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2024 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 100,000 RSUs will vest on May 31, 2026. 50,000 RSUs will vest on each of May 31, 2027, 2028 and 2029.
6. This represents the remaining unvested RSUs granted to the reporting person on January 31, 2025 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 28,120 RSUs will vest on May 31, 2026. 14,050 RSUs will vest on each of May 31, 2027 and 2028. 14,120 RSUs will vest on May 31, 2029.
7. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2025 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 250,000 RSUs will vest on May 31, 2026. 100,000 RSUs will vest on May 31, 2027. 50,000 RSUs will vest on each of May 31, 2028, 2029 and 2030.
8. This represents the remaining unvested RSUs granted to the reporting person on January 31, 2026 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 85,910 RSUs will vest on May 31, 2026. 34,360 RSUs will vest on May 31, 2027. 17,180 RSUs will vest on each of May 31, 2028 and 2029. 17,190 RSUs will vest on May 31, 2030.
9. The share option has fully vested and is exercisable as of the date of this form.
/s/ Yimeng Shi 03/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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