Director Lin reports 5,000 Silicon Motion (SIMO) ADS stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Silicon Motion Technology Corp director Lin Tsungtan Cain filed an initial ownership report showing direct holdings of 5,000 American depositary shares. Each American depositary share represents four ordinary shares of Silicon Motion Technology Corp, so this filing simply records his starting equity position and does not reflect a new buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lin Tsungtan Cain
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 5,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Initial ADS holding: 5,000 American depositary shares
ADS to ordinary share ratio: 1 ADS = 4 ordinary shares
Par value per ordinary share: US$0.01 per share
3 metrics
Initial ADS holding
5,000 American depositary shares
Direct ownership reported on Form 3 for Lin Tsungtan Cain
ADS to ordinary share ratio
1 ADS = 4 ordinary shares
Structure of Silicon Motion Technology Corp American depositary shares
Par value per ordinary share
US$0.01 per share
Par value of Silicon Motion Technology Corp ordinary shares represented by ADS
Key Terms
American depositary shares, ordinary shares, par value
3 terms
par value financial
"ordinary shares, US$0.01 par value per share, of Silicon Motion"
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 insider position did Lin Tsungtan Cain report in SIMO on this Form 3?
He reported direct ownership of 5,000 American depositary shares of Silicon Motion Technology Corp. This Form 3 functions as an initial statement of beneficial ownership rather than a record of a new trade in the shares.
Does the SIMO Form 3 for Lin Tsungtan Cain show any recent insider buying or selling?
No, the Form 3 for Lin Tsungtan Cain does not show a buy or sell transaction. It simply lists his existing direct holdings of 5,000 American depositary shares as his starting ownership position in Silicon Motion Technology Corp.
What does a Form 3 filing like this mean for Silicon Motion Technology Corp (SIMO) investors?
This Form 3 simply identifies a company director’s initial ownership of 5,000 American depositary shares. It provides transparency about insider holdings but does not, by itself, indicate any change in sentiment because no purchase or sale is reported.
Is Lin Tsungtan Cain’s SIMO stake held directly or through an entity?
The filing shows his 5,000 American depositary shares as directly owned. There is no indication in the data provided that these shares are held through a trust, partnership, or other indirect ownership vehicle associated with the director.