Silicon Motion (SIMO) director discloses 7,500 ADS stake in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Silicon Motion Technology Corp director Chung Tsung-Ming has filed an initial ownership report showing he holds 7,500 American depositary shares (ADS) directly. Each ADS represents four ordinary shares of Silicon Motion Technology Corp. This Form 3 does not reflect any recent buy or sell transaction, only existing holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chung Tsung-Ming
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 7,500 shares (Direct)
Footnotes (1)
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FAQ
What does Silicon Motion (SIMO) director Chung Tsung-Ming report on this Form 3?
He reports initial ownership of 7,500 American depositary shares of Silicon Motion Technology Corp, held directly. This filing lists his existing stake rather than recording a new purchase or sale of shares.
Is there a buy or sell transaction reported for Silicon Motion (SIMO) on this Form 3?
No, the Form 3 functions as an initial ownership report and shows holdings only. The transaction fields indicate a holding entry with unknown direction, meaning no specific purchase or sale is being disclosed here.
What type of security does Chung Tsung-Ming hold in Silicon Motion (SIMO)?
He holds American depositary shares of Silicon Motion Technology Corp. These ADS are U.S.-traded instruments, and each one corresponds to four underlying ordinary shares of the company, according to the disclosed footnote.