Magnachip (MX) CEO granted 105,484 RSUs; owns 364,611 shares
Camillo Martino, identified as a Director and an Officer (listed as Chairman and CEO in remarks), reported an insider grant on 10/01/2025.
Rhea-AI Filing Summary
Camillo Martino, identified as a Director and an Officer (listed as Chairman and CEO in remarks), reported an insider grant on 10/01/2025. The Form 4 shows an award of 105,484 restricted stock units (RSUs) granted with a reported price of $0.00, increasing his direct beneficial ownership to 364,611 shares. The RSUs vest in full on the earlier of August 11, 2026 or a Change of Control as defined under the company plan. The filing also discloses 40,000 shares held indirectly by trust. The form is signed and dated 10/03/2025.
Positive
- 105,484 RSUs granted to the CEO, indicating managerial alignment with shareholders
- Direct beneficial ownership increased to 364,611 shares, showing meaningful insider stake
- RSUs vest in full by August 11, 2026 or upon a Change of Control, tying compensation to tenure or transaction outcomes
- 40,000 shares held indirectly by trust disclosed, clarifying ownership structure
Negative
- None.
Insights
TL;DR: CEO received 105,484 RSUs vesting by Aug 11, 2026, raising direct holdings to 364,611 shares.
The Form 4 documents a senior executive equity award dated 10/01/2025 showing 105,484 RSUs granted at a reported price of $0.00. The grant is subject to vesting that accelerates upon a defined Change of Control or on August 11, 2026, indicating a time-based retention element combined with a transaction-based acceleration clause.
The reporting person is identified as both a Director and an Officer (Chairman and CEO). Post-grant, direct beneficial ownership is reported at 364,611 shares with an additional 40,000 shares indirectly held by trust, quantifying current insider holdings disclosed in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 105,484 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted to the reporting person in connection with his appointment as Interim Chief Executive Officer. The RSUs vest in full on the earliest of: (i) August 11, 2026 or (ii) a Change of Control (as defined in the Issuer's 2020 Equity and Incentive Compensation Plan).
FAQ
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What did Camillo Martino report on the Form 4 for Magnachip (MX)?
When do the RSUs granted to the CEO vest?
What price was reported for the RSU grant on the Form 4?
How much total direct and indirect ownership does the filing disclose for Martino?
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AI-generated analysis. How Rhea-AI works. Not financial advice.