---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-230199"
form_type: "8-K/A"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2025-10-03T23:59:59+00:00"
generated_at: "2026-05-17T04:42:49.661366+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Magnachip finalizes interim CEO Martino's compensation: $387K/yr cash, 105K RSUs

## Summary
- Camillo Martino appointed interim CEO effective Aug 11, 2025; compensation finalized in Consulting and Executive Service Agreements dated Sept 30, 2025.
- Parent cash compensation: $387,504 per annum, monthly installments; plus 105,484 RSUs vesting fully on Aug 11, 2026 or upon change of control.
- Korean subsidiary Executive Service Agreement: total cash compensation of $112,500, payable monthly, contingent on work permit approval, from Nov 1, 2025 to Aug 10, 2026.
- Martino continues as Chairman of the Board but waives director compensation during the interim CEO term.

## SEC filing metadata
- accession: 0001193125-25-230199
- form_type: 8-K/A
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2025-10-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000119312525230199/0001193125-25-230199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312525230199/d22017d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-230199
- JSON: https://secwatch.observer/filing/0001193125-25-230199.json
- Plain text: https://secwatch.observer/filing/0001193125-25-230199.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.