LIN KUAN-MING 4
4 · Silicon Motion Technology CORP · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Silicon Motion (SIMO) Director Lin Kuan‑Ming Sells Shares
What Happened
- Lin Kuan‑Ming, a director of Silicon Motion Technology Corp. (SIMO), reported three open‑market sales of American Depositary Shares (ADSs) in mid‑June 2026. The insider sold a total of 3,000 ADSs for aggregate proceeds of approximately $930,320.
- Trade breakdown:
- 2026‑06‑17: 1,000 ADSs sold at $300.00 — $300,000
- 2026‑06‑17: 1,000 ADSs sold at a reported weighted average of $310.01 — $310,010 (see footnote)
- 2026‑06‑18: 1,000 ADSs sold at $320.31 — $320,310
Key Details
- Transaction dates: June 17–18, 2026; Filing date (Form 4): June 24, 2026 (appears to be filed after the typical 2‑business‑day window).
- Total proceeds: ~ $930,320 from sale of 3,000 ADSs.
- ADS conversion: Each ADS represents four ordinary shares of Silicon Motion (footnote F1).
- Footnote on pricing (F2): The $310.01 figure is a weighted‑average price for that lot; the filing notes sales in that lot occurred at prices between $310.00 and $310.09 and the reporting person can provide per‑price breakdown on request.
- Shares owned after the transactions: Not specified in the information provided.
Context
- These were outright open‑market sales (transaction code S). Sales by directors can be routine (diversification, liquidity, tax planning) and do not by themselves indicate the company’s outlook; purchases are typically a stronger signal of insider confidence.
- No option exercises, awards, gifts, or other derivative transactions are reported in this filing excerpt.
Insider Transaction Report
Form 4
LIN KUAN-MING
Director
Transactions
- Sale
American depositary shares
[F1]2026-06-17$300.00/sh−1,000$300,000→ 9,500 total - Sale
American depositary shares
[F1][F2]2026-06-17$310.01/sh−1,000$310,010→ 8,500 total - Sale
American depositary shares
[F1]2026-06-18$320.31/sh−1,000$320,310→ 7,500 total
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.
Signature
/s/ Kuan-Ming Lin|2026-06-24