Magnachip Semiconductor filings document the reporting and governance records of a Delaware company with common stock listed on the New York Stock Exchange under MX. Its 8-K reports furnish quarterly and annual financial information for continuing operations, including Power Analog Solutions and Power IC, and include exhibits describing product launches and operating highlights in power semiconductors.
The filing record also covers proxy and governance matters, including executive compensation, pay-versus-performance disclosures, board and committee changes, director compensation arrangements, and executive service or separation agreements involving the company and its Korean operating subsidiary, Magnachip Semiconductor, Ltd. These disclosures connect capital-structure, leadership and compensation matters to the company’s semiconductor operating business.
Amoruso Cristiano reported acquisition or exercise transactions in this Form 4 filing.
MAGNACHIP SEMICONDUCTOR director Cristiano Amoruso received a grant of 46,429 shares of Common Stock on 2026-08-01 at no cash cost, increasing his direct holdings to 75,057 shares. He also reported 3,072,779 shares held indirectly through Byreforge LLC.
Magnachip Semiconductor reported Q2 2026 net sales of $44.7 million, within guidance but down 3.3% sequentially and 6.1% year-over-year. Power Analog Solutions contributed $40.6 million and Power IC $4.1 million, both declining versus prior periods. Gross profit margin from continuing operations improved sequentially to 19.3%, above the high end of guidance, though slightly below 20.4% a year earlier.
The company posted an operating loss of (9,976) thousand and a loss from continuing operations of (7,601) thousand, compared with income of 9,203 thousand a year ago, leading to a basic loss per share from continuing operations of $(0.21). Net loss was (4,815) thousand, while Adjusted EBITDA from continuing operations was a loss of (4,219) thousand. Cash and cash equivalents were $87,936 thousand and total assets $324,851 thousand as of June 30, 2026.
For Q3 2026, Magnachip guides revenue from continuing operations to $41.5–$45.5 million and gross margin to 17–19%, citing packaging constraints, softer volumes in some consumer applications, and unfavorable product mix. Recent developments include appointing Chae Lee as CEO, launching 6th-generation 600V SJ MOSFETs, and forming a SiC technology partnership with Navitas Semiconductor.
MAGNACHIP SEMICONDUCTOR Corp reported that its new Chief Executive Officer and director, Chae Lee, received an initial equity award in connection with his appointment. He was granted 288,750 shares of common stock and a stock option for 148,750 shares at an exercise price of $5.50 per share, expiring on July 1, 2036. According to the award terms under the company’s 2020 Equity Incentive Plan, each grant will vest over four years with a one-year cliff, and continued vesting is conditioned on Mr. Lee’s ongoing service with the company.
MAGNACHIP SEMICONDUCTOR Corp director and Chief Executive Officer Chae Lee filed an initial Form 3 as a reporting person for the company. This filing establishes insider reporting status but shows no reported purchases, sales, exercises, gifts, or other transactions in company securities.
Magnachip Semiconductor Corporation appointed Chae Lee as Chief Executive Officer and principal executive officer, effective July 1, 2026, and added him to the Board as its fifth director through the 2027 annual meeting. He succeeds Camillo Martino, who ends his Interim CEO role but remains Chairman.
Lee’s Executive Service Agreement provides a $560,000 annual base salary, a target cash bonus equal to 100% of base salary with potential up to 200%, and an initial equity grant covering 875,000 shares, split among restricted stock units, performance stock units and stock options. Severance terms include one year of base salary if terminated without cause or for good reason, and 1.5 times base salary in certain change-in-control scenarios.
In connection with the transition, Martino’s consulting and executive agreements end July 1, 2026. He will receive a lump-sum payment equal to 30 days of fees and accelerated vesting of 105,484 restricted stock units granted when he became Interim CEO.
Magnachip Semiconductor Corporation entered into an at-the-market sales agreement that allows it to issue and sell up to $50,000,000 of common stock through B. Riley Securities, either as agent or principal. The shares will be offered under an effective Form S-3 shelf registration and related prospectus supplement.
The company is not required to sell any shares and can terminate the agreement at any time. Magnachip currently plans to use any net proceeds for general corporate purposes, including strategic growth initiatives and technologies that support AI data centers and robotics.
Magnachip Semiconductor Corporation has filed a prospectus supplement to sell up to $50,000,000 of its common stock in an at-the-market offering under a sales agreement with B. Riley Securities, Inc.
The sales agent may sell shares from time to time at prevailing market prices; the company will receive offering proceeds and pay commissions up to 3.0%. Shares outstanding were 36,499,302 as of June 15, 2026. The company’s common stock trades on the NYSE under the symbol MX, with a reported last sale price of $5.50 per share on June 16, 2026.
Magnachip Semiconductor Corporation filed a shelf prospectus registering up to $50,000,000 of securities consisting of common stock, preferred stock, warrants, rights and units. The prospectus describes general offering mechanics and states that specific terms and uses of proceeds will be set forth in future prospectus supplements.
The prospectus confirms the company’s common stock trades on the New York Stock Exchange under the symbol MX and reports a closing price of $5.50 per share on June 16, 2026. Net proceeds are stated to be used for general corporate purposes, including working capital, R&D, capex and potential acquisitions.
Magnachip Semiconductor Corporation held its 2026 Annual Meeting of Stockholders on June 11, 2026. Stockholders approved an Amended and Restated 2020 Equity and Incentive Compensation Plan that increases by 3,000,000 the shares of common stock authorized for issuance under the plan, and executive officers are eligible to participate.
Four directors were elected to serve until the 2027 Annual Meeting. Stockholders also approved, on an advisory basis, the compensation of the named executive officers and ratified the appointment of EY Han Young as independent registered public accounting firm for the fiscal year ending December 31, 2026. A quorum was present, with 24,332,390 shares represented, or 67.18% of the 36,219,100 shares outstanding and entitled to vote as of the record date.