Silicon Motion (SIMO) Form 144: Proposed sale of 10,500 ADSs via Pershing

Rhea-AI Filing Summary

Silicon Motion Technology (SIMO) filing a Form 144 to report proposed sale of ADSs. The notice lists 10,500 ADSs and references $3,219,000.00 and $33,910,000 with a sale date of 06/05/2026. The selling broker is Pershing LLC, One Pershing Plaza, Jersey City, NJ and the securities are listed on NASDAQ. The filing also itemizes previously issued restricted stock awards in ADS form dated 02/10/2022 (200 ADS), 02/10/2023 (2,800 ADS), 02/14/2024 (2,500 ADS), 02/11/2025 (2,500 ADS), and 02/11/2026 (2,500 ADS).

Insights

Securities Compliance Attorney

Form 144 lists a proposed disposition of ADSs through Pershing LLC to be sold on NASDAQ.

Form 144 is a notice of proposed sale under Rule 144; it does not itself effect a sale. The filing shows 10,500 ADSs and monetary figures of $3,219,000.00 and $33,910,000 tied to the transaction notice and dates.

Timing and execution are governed by Rule 144 conditions; subsequent filings or trade confirmations will show whether and when sales occurred. Cash‑flow treatment and whether the seller is an affiliate are not specified in the excerpt.

Key Figures

ADS proposed for sale: 10,500 ADSs Monetary figure: $3,219,000.00 Monetary figure: $33,910,000 +2 more

5 metrics

ADS proposed for sale 10,500 ADSs sale date <date>06/05/2026</date>

Monetary figure $3,219,000.00 amount shown on Form 144 excerpt

Monetary figure $33,910,000 amount shown on Form 144 excerpt

Broker-dealer Pershing LLC One Pershing Plaza, Jersey City, NJ

Restricted ADS awards (examples) 200; 2,800; 2,500; 2,500; 2,500 ADSs award dates 02/10/2022, 02/10/2023, 02/14/2024, 02/11/2025, 02/11/2026

Key Terms

Form 144, ADS, Restricted Stock Award

3 terms

Form 144 regulatory

"Filer Information | 144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

ADS market

"ADS | Pershing LLC One Pershing Plaza Jersey City NJ 07399"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

Restricted Stock Award financial

"Restricted Stock Award | Silicon Motion Technology | 02/10/2022"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS	Pershing LLC One Pershing Plaza Jersey City NJ 07399	10500	3219000.00	33910000	06/05/2026	NASDAQ GS

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS	02/10/2022	Restricted Stock Award	Silicon Motion Technology			200	02/10/2022	Equity Compensation
ADS	02/10/2023	Restricted Stock Award	Silicon Motion Technology			2800	02/10/2023	Equity Compensation
ADS	02/14/2024	Restricted Stock Award	Silicon Motion Technology			2500	02/14/2024	Equity Compensation
ADS	02/11/2025	Restricted Stock Award	Silicon Motion Technology			2500	02/11/2025	Equity Compensation
ADS	02/11/2026	Restricted Stock Award	Silicon Motion Technology			2500	02/11/2026	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Silicon Motion's (SIMO) Form 144 disclose?

It discloses a proposed sale notice for 10,500 ADSs to be handled through Pershing LLC. The form lists monetary figures $3,219,000.00 and $33,910,000 and a sale date of 06/05/2026 as reported.

Does Form 144 mean the ADSs were already sold for SIMO?

No. Form 144 is a notice of a proposed disposition under Rule 144, not proof of sale. Execution and settlement details would appear in trade confirmations or later filings if sales occur.

Who is the broker listed on SIMO's Form 144?

The broker-dealer listed is Pershing LLC, located at One Pershing Plaza, Jersey City, NJ. The filing ties the proposed sale to NASDAQ as the market of record.

What restricted ADS awards are shown in the filing?

The excerpt lists restricted stock award ADS grants: 200 ADS (02/10/2022), 2,800 ADS (02/10/2023), 2,500 ADS (02/14/2024), 2,500 ADS (02/11/2025), and 2,500 ADS (02/11/2026) as disclosed.

What market is referenced for the proposed SIMO sale?

The filing identifies NASDAQ as the exchange for the ADSs. The Form 144 notice ties the proposed disposition to NASDAQ in the provided excerpt.