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Magnachip CEO Files SEC Disclosures Regarding Stock Purchases

1 report, 1 independent Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Magnachip Semiconductor Corp. filed disclosures with the SEC regarding stock purchases made by CEO Chae Lee on September 25, 2026. The purchases began on September 23, 2026, when Chae Lee acquired 80,000 shares at an average price of $3.18 per share, totaling $254,400.00. A subsequent purchase of 20,000 shares was made on September 24, 2026, at an average cost of $3.22 per share.

From themarketsdaily.com

Why it matters

Some supportBrind's analysis of the reports

The purchases increased Chae Lee's direct ownership to 368,750 shares of the company's stock, representing a 27.71% increase in his position. The filings provide investors with information regarding insider buying activity at the company.

From themarketsdaily.com

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