Magnachip (MX) Director Cristiano Amoruso Receives 46,429-Share Award

What Happened Cristiano Amoruso, a director of Magnachip Semiconductor Corp (ticker: MX), received an award of 46,429 shares on August 1, 2026. The filing shows the shares were granted at $0.00 per share (transaction code A — award/grant), meaning this was a non‑cash issuance such as restricted stock or RSUs rather than an open‑market purchase.

Key Details

• Transaction date: 2026-08-01; Filed with the SEC: 2026-08-03 (filed within the typical 2-business-day window).
• Transaction type/code: A = Award/Grant; reported price: $0.00 per share.
• Shares acquired: 46,429 shares; reported total cash consideration: $0.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Notable footnotes: None provided in the excerpt (no 10b5-1 plan, tax‑withholding, or cashless sale indicated).

Context An award/grant (A) is typically a compensation or retention vehicle (restricted stock, RSUs, or performance shares) and does not reflect an open‑market purchase or sale by the insider. Such grants are common for executive and director compensation and do not by themselves signal the insider buying or selling stock in the market.