MagnaChip (MX) director linked to 3.07M shares via Byreforge LLC
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MagnaChip Semiconductor director Amoruso Cristiano filed an initial ownership statement reporting 3,072,779 shares of common stock held indirectly through Byreforge LLC.
The filing lists these shares as indirectly beneficially owned, with Byreforge LLC shown as the holder of record. A footnote explains that, due to his relationship with Byreforge LLC, Amoruso Cristiano may be deemed to beneficially own the shares but disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Amoruso Cristiano
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,072,779 shares (Indirect, By Byreforge LLC)
Footnotes (1)
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FAQ
What does the Form 3 for MX disclose about Amoruso Cristiano?
The Form 3 shows that director Amoruso Cristiano has indirect beneficial ownership of 3,072,779 shares of MagnaChip Semiconductor common stock through Byreforge LLC.
What is the relationship between Amoruso Cristiano and Byreforge LLC in this MX filing?
The filing notes that, by virtue of his relationship with Byreforge LLC, Amoruso Cristiano may be deemed to beneficially own the shares that the LLC holds, subject to his pecuniary interest.