Form 4: Agnes C. Kim Reports Changes in Beneficial Ownership of Amkor Technology Stock

Sentiment:

SEC Form 4 Filing


Agnes C. Kim, a member of a 10% owner group of Amkor Technology, reports a distribution of shares from a trust and disclaims beneficial ownership of certain securities held by her spouse.

Summary

  • On January 17, 2025, the James J. Kim 2021 Qualified Annuity Trust distributed 274,000 shares of Amkor Technology, Inc. common stock to Susan Y. Kim and 274,000 shares to John T. Kim.
  • Agnes C. Kim, the reporting person, is the spouse of James J. Kim and disclaims beneficial ownership of 10,890,435 shares held by her spouse, except to the extent of her pecuniary interest.
  • Following the transaction, Agnes C. Kim directly owns 95,000 shares of Amkor Technology common stock.
  • The reporting person states that the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities owned by the other members of the group, for the purpose of Section 16, or for any other purpose.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a significant shareholder, which is common in publicly traded companies. It doesn't necessarily indicate a change in the company's fundamentals or outlook.

Stakeholder Impact

  • The distribution of shares from the trust may have a minor impact on the shareholder base.

Key Dates

DateDescription
12/15/2021Date of the James J. Kim 2021 Qualified Annuity Trust U/A
01/17/2025Date of the stock distribution from the James J. Kim 2021 Qualified Annuity Trust
01/22/2025Date of signature on the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.