Magnachip CEO Lee Chae buys 100,000 shares
Rhea-AI Filing Summary
Magnachip Semiconductor Corp. (MX) Chief Executive Officer Lee Chae reported direct purchases of 100,000 common shares in three transactions: 50,000 shares at $3.1700 and 30,000 shares at $3.1866 on September 23, 2026, then 20,000 shares at $3.2199 on September 24, 2026. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
3 txns
Insider
LEE CHAE
Role
Chief Executive Officer
Bought
100,000 shs ($318K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $3.2199 | $64K |
| Purchase | Common Stock | 50,000 | $3.17 | $159K |
| Purchase | Common Stock | 30,000 | $3.1866 | $96K |
Holdings After Transaction:
Common Stock — 388,750 shares (Direct)
Key Figures
Shares purchased: 100,000 shares
Purchase: 50,000 shares at $3.1700 per share
Purchase: 30,000 shares at $3.1866 per share
+1 more
4 metrics
Shares purchased
100,000 shares
Three direct transactions by Lee Chae
Purchase
50,000 shares at $3.1700 per share
September 23, 2026
Purchase
30,000 shares at $3.1866 per share
September 23, 2026
Purchase
20,000 shares at $3.2199 per share
September 24, 2026
Key Terms
Common Stock, Rule 10b5-1 plan, open market or private transaction
3 terms
Common Stock financial
"purchases of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open market or private transaction financial
"Purchase in open market or private transaction"
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AI-generated analysis. How Rhea-AI works. Not financial advice.