SEC Form 4 · accession 0001193125-26-296284
MAGNACHIP SEMICONDUCTOR Corp · MX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chae Lee
Officer — Chief Executive Officer · Director
Period of report
Jul 1, 2026
Accepted (ET)
Jul 6, 2026 · 4:40 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001325702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 1, 2026 | A | 288,750 | $0.00 | A | 288,750 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $5.50 | Jul 1, 2026 | A | 148,750 | A | — | Jul 1, 2036 | Common Stock | 148,750 | 148,750 | D |
Explanation of responses
- F1In accordance with his appointment as the Issuer's Chief Executive Officer and principal executive officer and as a director of the Issuer, Mr. Lee was granted an initial equity award under the Issuer's 2020 Equity Incentive Plan (as amended). Each grant will vest over four years, with a one-year cliff vesting period, subject to Mr. Lee's continued service through each applicable vesting date.
- F2See above explanation.
Remarks
On June 26, 2026, the Issuer's Board of Directors appointed Mr. Chae Lee to serve as Issuer's Chief Executive Officer and principal executive officer effective July 1, 2026, and also appointed him to serve as a director, effective July 1, 2026.