Welcome to our dedicated page for MAGNACHIP SEMICONDUCTOR SEC filings (Ticker: MX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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.
Magnachip Semiconductor Corp (MX) reported a Form 4 showing a director acquired 6,320 shares of common stock on 11/15/2025 at a price of $0.00 per share. After this transaction, the director beneficially owns 213,013 shares directly, plus additional indirect holdings of common stock through GT Investments II Corp, a spouse, and children.
Magnachip Semiconductor (MX) reported Q3 2025 results as it transitions to a pure-play Power business. Revenue was $45.946M, all from Power solutions, with gross profit of $8.541M. Operating loss widened to $11.538M and net loss was $13.090M. Discontinued operations from the Display business contributed an additional $2.481M loss.
Cash and cash equivalents were $108.005M at September 30, 2025. Year-to-date operating cash flow was $(29.639)M, reflecting losses, inventory build and severance payments. Long-term borrowings rose to $38.935M, including CAPEX loans of $10.408M maturing in 2035.
The Board approved shutting down the Display business; management expects about $20M of cash inflow over roughly two years from EOL product sales and IP monetization, against total liquidation costs of $12–$15M, including $6.5M severance already paid and $6.5M contract termination charges to be paid over remaining terms. One customer represented 32.6% of Q3 Power sales. The company repurchased 1,093,748 shares for $3.6M year-to-date. Shares outstanding were 35,981,823 as of October 31, 2025.
Magnachip Semiconductor Corporation furnished financial information for the third quarter ended September 30, 2025. The company submitted a press release dated November 3, 2025 as Exhibit 99.1, providing results for the quarter.
The disclosure under Item 2.02, including Exhibit 99.1, is being furnished and is not deemed “filed” under the Exchange Act, nor incorporated by reference under the Securities Act except as specifically referenced.
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.
Magnachip Semiconductor Corporation filed an amended report to add details of new agreements with Interim Chief Executive Officer Camillo Martino. The company entered into a Consulting Agreement under which he receives cash compensation of $387,504 per year, paid monthly, plus a grant of 105,484 restricted stock units. These RSUs vest in full on the earlier of August 11, 2026 or a change of control, under the company’s 2020 equity plan.
Separately, Magnachip Semiconductor, Ltd., the Korean subsidiary, signed an Executive Service Agreement appointing Martino as its Representative Director effective August 12, 2025. For this role he will receive total cash compensation of $112,500, paid monthly, starting on the later of November 1, 2025 or Korean work permit approval and ending by August 10, 2026 or when a new Representative Director starts.
Magnachip Semiconductor Corporation filed an amended current report to provide full details of the separation agreement with Theodore S. Kim, its Chief Compliance Officer, General Counsel and Secretary. Under the agreement, Mr. Kim resigned all positions with Magnachip and its subsidiaries on September 9, 2025, and his employment will end effective at the end of October 21, 2025.
Magnachip agreed to pay cash severance equal to twelve times Mr. Kim’s monthly base salary, payable in installments over twelve months after the separation date, plus a prorated annual bonus for calendar year 2025. Outstanding unvested equity awards will be treated as if his departure were a termination without cause under the company’s equity plans, and certain expatriate benefits will temporarily continue. These benefits are conditioned on Mr. Kim signing and not revoking a release of claims and complying with his confidentiality and related agreements. The executed separation agreement is filed as an exhibit.
Magnachip Semiconductor appointed Camillo Martino as Interim Chief Executive Officer on August 11, 2025. Mr. Martino, age 63, has served as non-executive Chairman since June 2020 and as a director since August 2016; he will continue as Chair but has stepped down from the Audit, Compensation and Nominating and Corporate Governance Committees. The prior CEO, Young-Joon Kim, resigned as Chief Executive Officer on August 11, 2025 and from the Board on August 8, 2025 and will remain the liquidator of Magnachip Mixed-Signal, Ltd. until its liquidation is complete. Under a Separation Agreement, the company agreed to pay Mr. Kim cash severance equal to twenty-four times his monthly base salary, payable ratably over 24 months with the first payment due two months after separation, plus any earned prorated 2025 bonus; outstanding unvested equity awards will be treated as if the separation were a termination without cause for purposes of the applicable equity plans. The Separation Benefits are contingent on execution and non-revocation of a release and compliance with confidentiality and other agreements. The Separation Agreement is filed as Exhibit 10.1 and a related press release is furnished as Exhibit 99.1.