{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-077621","form_type":"8-K","ticker":"MX","cik":"0001325702","company_name":"MAGNACHIP SEMICONDUCTOR Corp","filed_at":"2024-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.763050+00:00","generated_at":"2026-06-04T07:40:59.374216+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Magnachip Semiconductor Co-General Manager Chan Ho Park Resigns, Enters Separation Agreement","bullets":["Chan Ho Park resigned as Co-General Manager of Power Analog Solutions, effective April 30, 2024.","Company entered a separation agreement providing cash severance equal to six months base salary, paid in installments starting July 2024.","Unvested equity awards will be treated as termination without cause under the equity plan.","Severance is contingent on execution of release of claims and compliance with confidentiality and non-compete covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-077621","json":"https://secwatch.observer/filing/0001193125-24-077621.json","markdown":"https://secwatch.observer/filing/0001193125-24-077621.md","text":"https://secwatch.observer/filing/0001193125-24-077621.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325702/000119312524077621/0001193125-24-077621-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325702/000119312524077621/d819823d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T07:40:59.374216+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"325d1365e5","claim":"Chan Ho Park resigned as Co-General Manager of Power Analog Solutions at MAGNACHIP SEMICONDUCTOR Corp.","evidence_excerpt":"On March 22, 2024, Chan Ho Park, Co-General Manager of Power Analog Solutions of Magnachip Semiconductor Corporation (the “Company”), resigned from such position, to be effective at the end of the day on April 30, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312524077621/0001193125-24-077621-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Co-General Manager of Power Analog Solutions"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}