NATHAN GILBERT E 4

What Happened
Nathan E. Gilbert, a director of Magnachip Semiconductor Corp (MX), made two open-market purchases: 25,000 shares on 2026-03-12 at $2.75 ($68,675) and 13,006 shares on 2026-03-13 at $2.79 ($36,249). Total acquired was 38,006 shares for approximately $104,924. These were purchases (SEC transaction code P), which are generally viewed as a direct insider buy rather than a sale.

Key Details

• Transaction dates and prices:
  • 2026-03-12: 25,000 shares @ $2.75 — $68,675
  • 2026-03-13: 13,006 shares @ $2.79 — $36,249
• Total acquired: 38,006 shares for ~$104,924.
• Shares owned after transaction: not specified in the provided filing details.
• Notable footnotes/plans: none disclosed in the provided data (no 10b5-1 or tax-withholding notes reported).
• Filing: Form 4 filed 2026-03-16 (appears timely based on the reported transaction dates).

Context
These were straightforward open-market purchases by a company director. Purchases can be more informative than routine sales, but they do not by themselves indicate the insider’s full view or future company performance. No derivative exercises, gifts, or option-related transactions were reported in the provided filing.