Form 4: MagnaChip Semiconductor Director Ilbok Lee Acquires Shares
SEC Form 4
Director Ilbok Lee acquired 43,173 shares of MagnaChip Semiconductor Corp. common stock on June 15, 2024.
Summary
- On June 15, 2024, Ilbok Lee, a director of MagnaChip Semiconductor Corp., acquired 43,173 shares of common stock.
- The acquisition was made at a price of $0.00 per share.
- Following the transaction, Lee directly owns 199,181 shares of MagnaChip Semiconductor Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but the acquisition of shares by a director could be interpreted as a mildly positive signal.
Industry Context
This filing reflects a change in beneficial ownership by a company insider, which is a common occurrence. The market may interpret this as a sign of confidence (or lack thereof) in the company's prospects, depending on the nature of the transaction (acquisition vs. disposal).
Stakeholder Impact
- The acquisition of shares by a director may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of transaction: Ilbok Lee acquired shares of MagnaChip Semiconductor Corp. |
| 06/18/2024 | Date of signature by Attorney-in-Fact |
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