Silicon Motion director sells 3,000 ADS
Silicon Motion Technology CORP director Lin Kuan-Ming sold 3,000 American depositary shares in open-market trades.
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Rhea-AI Filing Summary
Silicon Motion Technology CORP director Lin Kuan-Ming sold 3,000 American depositary shares in open-market trades. The sales occurred on June 17–18, with 1,000 ADS sold at $300.00, 1,000 at $310.01, and 1,000 at $320.31 per ADS. After these transactions, Lin directly holds 7,500 ADS, each representing four ordinary shares of the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 1,000 | $320.31 | $320K |
| Sale | American depositary shares | 1,000 | $300.00 | $300K |
| Sale | American depositary shares | 1,000 | $310.01 | $310K |
Footnotes (2)
- F1. Each American depositary share ("ADS") represents four ordinary shares, US$0.01 par value per share, of Silicon Motion Technology Corp. (the "Issuer").
- F2. The price reported in Column 4 is a weighted average price per ADS. These ADSs were sold in multiple transactions at prices ranging from $310.00 to $310.09 per ADS, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of ADSs sold at each separate price within the ranges set forth in this footnote.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Silicon Motion (SIMO) disclose in this Form 4?
On what dates did Silicon Motion (SIMO) director Lin Kuan-Ming sell ADS?
How many Silicon Motion (SIMO) ADS does the director hold after these transactions?
Were the Silicon Motion (SIMO) director’s transactions open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.