LIN KUAN-MING 4

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.