Form 4: Agnes C. Kim Trust Distributes 980,000 Amkor Technology Shares
SEC Form 4 Filing
The 2023 Grantor Retained Annuity Trust of Agnes C. Kim Dated 4/26/2023 distributed 980,000 shares of Amkor Technology common stock to Agnes C. Kim on June 12, 2024.
Summary
- On June 12, 2024, the 2023 Grantor Retained Annuity Trust of Agnes C. Kim distributed 980,000 shares of Amkor Technology, Inc. common stock.
- The shares were distributed to Agnes C. Kim.
- Following the transaction, the trust directly owns 2,298,001 shares of Amkor Technology common stock.
- Susan Y. Kim serves as the sole trustee of the reporting person.
- The reporting person clarifies that this filing does not constitute an admission of beneficial ownership of securities held by other members of the group for Section 16 purposes.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a share transfer. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This Form 4 filing reflects changes in beneficial ownership of Amkor Technology shares, which is a routine part of corporate governance and investment management. It doesn't necessarily indicate a change in the company's performance or outlook but provides transparency into the holdings of significant shareholders.
Stakeholder Impact
- The distribution of shares may have a minor impact on the shareholder base, but is unlikely to significantly affect other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 4/26/2023 | Date of the 2023 Grantor Retained Annuity Trust of Agnes C. Kim |
| 06/12/2024 | Date of the transaction where 980,000 shares of Amkor Technology common stock were distributed |
| 06/14/2024 | Date of the Form 4 filing |
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