NATHAN GILBERT E 4
Research Summary
AI-generated summary
MAGNACHIP (MX) Director Nathan E. Gilbert Buys Shares
What Happened
- Nathan E. Gilbert, a director of MAGNACHIP SEMICONDUCTOR Corp (ticker: MX), made an open-market (purchase code P) acquisition of 21,994 shares on 2026-03-16 at $2.87 per share. The filing reports the aggregate purchase value at about $63,050. Purchases by insiders are often watched as a bullish signal, though they do not prove future performance.
Key Details
- Transaction date: 2026-03-16; Price: $2.87 per share
- Shares acquired: 21,994; Reported aggregate value: ~$63,050
- Transaction code: P (purchase — open market or private purchase as indicated on the Form 4)
- Shares owned after the transaction: not specified in the summary provided
- Filing date: 2026-03-17 — appears to have been filed the next day (timely)
- No footnotes, 10b5-1 plan, tax withholding, or other special conditions noted in the supplied details
Context
- This was a straightforward purchase by a company director, not an option exercise, gift, or tax-related transfer. Insider buys can signal confidence but should be considered alongside other factors (company fundamentals, size of purchase, and overall insider activity).