Silicon Motion (SIMO) SVP discloses 2,500 ADS ownership in initial Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Silicon Motion Technology Corp executive JU Shang-Tzu, SVP of Platform and Strategy, filed an initial Form 3 reporting existing holdings in the company. The filing shows direct ownership of 2,500 American depositary shares (ADS), which represent the insider’s current beneficial stake.
Each ADS represents four ordinary shares of Silicon Motion Technology Corp, according to the disclosure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JU SHANG-TZU
Role
SVP of Platform and Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 2,500 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Direct ADS holdings: 2,500 American depositary shares
ADS to ordinary share ratio: 1 ADS = 4 ordinary shares
Economic equivalent ordinary shares: 10,000 ordinary shares
3 metrics
Direct ADS holdings
2,500 American depositary shares
Beneficial ownership reported on Form 3
ADS to ordinary share ratio
1 ADS = 4 ordinary shares
Representation per American Depositary Share footnote
Economic equivalent ordinary shares
10,000 ordinary shares
2,500 ADS multiplied by four ordinary shares per ADS
Key Terms
American Depositary Share, ordinary shares, par value
3 terms
par value financial
"four ordinary shares, US$0.01 par value per share, of Silicon Motion Technology Corp."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What does JU Shang-Tzu’s Form 3 filing for SIMO report?
The Form 3 reports JU Shang-Tzu’s initial beneficial ownership in Silicon Motion Technology Corp (SIMO). It discloses direct holdings of 2,500 American depositary shares, establishing a baseline of the executive’s equity position as of the reported date.
Is JU Shang-Tzu’s Form 3 for SIMO a buy or sell transaction?
The Form 3 does not report a buy or sell transaction. Instead, it records JU Shang-Tzu’s existing beneficial ownership of 2,500 American depositary shares, serving as an initial disclosure rather than a new market trade.
What role does JU Shang-Tzu hold at Silicon Motion (SIMO)?
JU Shang-Tzu is identified as Senior Vice President of Platform and Strategy at Silicon Motion Technology Corp. The Form 3 links this executive role with direct ownership of 2,500 American depositary shares in the company.
Why is a Form 3 filing important for Silicon Motion (SIMO) investors?
A Form 3 provides the first snapshot of an insider’s beneficial ownership when they become a reporting person. For SIMO, it shows JU Shang-Tzu’s 2,500 ADS position, helping investors understand management’s disclosed equity stake at the outset.