Director-linked entity boosts Magnachip (NYSE: MX) stake with share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnachip Semiconductor director Nathan E. Gilbert reported an open-market purchase of 21,994 shares of Common Stock on behalf of GT Investments II Corp at $2.8667 per share. After this buy, GT Investments II Corp holds 158,200 shares indirectly, while Gilbert also holds 214,491 shares directly and additional smaller indirect positions through his spouse and children.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 21,994 shares ($63,050)
Net Buy
6 txns
Insider
NATHAN GILBERT E
Role
Director
Bought
21,994 shs ($63K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 21,994 | $2.8667 | $63K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 158,200 shares (Indirect, By GT Investments II Corp);
Common Stock — 214,491 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MAGNACHIP SEMICONDUCTOR (MX) report?
MAGNACHIP SEMICONDUCTOR reported that an entity associated with director Nathan E. Gilbert bought 21,994 Common Stock shares. The open-market purchase was made at $2.8667 per share, reflecting a net increase in his reported indirect holdings through GT Investments II Corp.
What are Nathan E. Gilbert’s direct MAGNACHIP SEMICONDUCTOR (MX) holdings after the filing?
After the reported transactions, Nathan E. Gilbert directly holds 214,491 MAGNACHIP SEMICONDUCTOR Common Stock shares. This direct position is separate from his indirect holdings through GT Investments II Corp and family accounts, which are disclosed as additional ownership lines in the same Form 4.
Was the MAGNACHIP SEMICONDUCTOR (MX) Form 4 mainly a buy or sell transaction?
The Form 4 reflects a net-buy transaction, with one open-market purchase of 21,994 shares and no reported sales. Other lines in the filing update direct and indirect holdings only, without indicating additional buy or sell activity for MAGNACHIP SEMICONDUCTOR stock.