Samsung Electronics family members plan to sell $1.2 billion in shares to help pay inheritance taxes following Chairman Lee Kun-hee's 2020 death. The block sale, occurring at a 1.2-2% discount, includes Hong Ra-hee selling 19.2 million shares (0.32% stake), Lee Seo-hyun selling 8.1 million shares (0.14%), and Lee Boo-jin selling 2.4 million shares (0.04%) plus holdings in other Samsung affiliates. This sale helps address the 12 trillion won inheritance tax being paid in installments over five years starting April 2021, and comes during a rally in Samsung stock.