Silicon Motion (NASDAQ: SIMO) director reports 73,870 ADS holdings
Rhea-AI Filing Summary
Silicon Motion Technology Corp director LIU LIEN CHUN has reported initial holdings of 73,870 American depositary shares (ADS). This Form 3 filing establishes the director’s ownership position in Silicon Motion. Each ADS represents four ordinary shares of the company, giving investors a clearer view of this board member’s equity stake.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American depositary shares | -- | -- | -- |
Footnotes (1)
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FAQ
What does Silicon Motion (SIMO) director LIU LIEN CHUN report in this Form 3?
The director reports holding 73,870 American depositary shares of Silicon Motion Technology Corp. This Form 3 serves as an initial statement of ownership, showing the director’s equity position upon becoming subject to SEC reporting rules.
What is the significance of 73,870 ADS for Silicon Motion (SIMO)?
The filing shows LIU LIEN CHUN directly holds 73,870 ADS of Silicon Motion. This quantifies the director’s stake in the company and provides transparency around insider ownership, without indicating any recent purchase or sale activity.
Does this Silicon Motion (SIMO) Form 3 show any insider buying or selling?
No buy or sell transactions are shown; the entry is a holding record. The Form 3 simply discloses the director’s existing ownership of 73,870 ADS, rather than reporting a new market trade or option exercise.
Is the Silicon Motion (SIMO) Form 3 ownership held directly or indirectly?
The filing classifies the 73,870 ADS as directly owned by LIU LIEN CHUN. There is no indication in the provided data that the shares are held through a trust, partnership, or other indirect ownership vehicle.