Silicon Motion director sells 1,500 ADS
Silicon Motion Technology CORP director DUANN SHII TYNG sold shares in the company.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Silicon Motion Technology CORP director DUANN SHII TYNG sold shares in the company. On this Form 4, the director reported an open-market sale of 1,500 American depositary shares at a price of $245.00 per share. After the transaction, the director directly holds 15,200 American depositary shares.
Each American depositary share represents four ordinary shares of Silicon Motion Technology Corp., so this filing reflects a relatively small, disclosed reduction in the director’s indirect exposure to the company’s ordinary shares while maintaining a meaningful remaining position.
Insights
Director’s 1,500‑ADS sale appears routine relative to remaining stake.
The filing shows director DUANN SHII TYNG executed an open-market sale of 1,500 American depositary shares at $245.00 per ADS. Following the sale, the director continues to hold 15,200 ADS directly, indicating the transaction represents only a portion of the visible position.
The transaction is coded as an open-market sale, with no derivative exercises or tax-withholding events and no remaining derivatives listed. In isolation, this looks like a modest portfolio adjustment rather than a transformational governance or ownership shift, so its impact on the broader investment thesis is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 1,500 | $245.00 | $368K |
Footnotes (1)
- F1. Each American depositary share represents four ordinary shares, US$0.01 par value per share, of Silicon Motion Technology Corp.
Key Figures
Key Terms
open-market sale financial
Form 4 regulatory
non-derivative financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Silicon Motion (SIMO) report on this Form 4?
What are the director’s holdings in Silicon Motion (SIMO) after this transaction?
Was the Silicon Motion (SIMO) Form 4 transaction a buy or a sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.