Form 4: Amkor CEO Engel's RSU Vesting and Tax Withholding

Amkor Technology's President and CEO, Kevin K. Engel, reported the vesting of restricted stock units and subsequent share disposals to cover tax obligations.

Summary

• Kevin K. Engel, President and CEO of Amkor Technology, Inc. (AMKR), reported transactions on February 20, 2026.
• Acquired 6,359 shares of Common Stock upon the vesting of Restricted Stock Units (RSUs) granted on February 20, 2024, under the Issuer's 2021 Equity Incentive Plan.
• Disposed of 2,597 shares of Common Stock at a price of $47.94 per share to satisfy tax withholding obligations related to the vesting of the 2024 RSU grant.
• Acquired 10,494 shares of Common Stock upon the vesting of Restricted Stock Units (RSUs) granted on February 20, 2025, under the Issuer's 2021 Equity Incentive Plan.
• Disposed of 4,286 shares of Common Stock at a price of $47.94 per share to satisfy tax withholding obligations related to the vesting of the 2025 RSU grant.
• Following these transactions, Engel's direct beneficial ownership of Common Stock is 8,707 shares after the first disposal and 14,915 shares after the second disposal.
• Derivative securities beneficially owned after the transactions include 6,583 Restricted Stock Units from the 2024 grant and 21,731 Restricted Stock Units from the 2025 grant.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine disclosure of executive compensation vesting and associated tax-related share disposals, which is neutral in its immediate impact on company valuation or operational outlook.

Positives

• CEO Kevin K. Engel received 16,853 shares of common stock through the vesting of Restricted Stock Units (RSUs), indicating continued long-term incentive alignment with shareholder interests.

Negatives

• Disposed of 6,883 shares of common stock at $47.94 per share to cover tax withholding obligations, which is a standard procedure for RSU vesting and not a discretionary sale.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that RSU vesting and associated tax withholding are common practices in executive compensation across industries, particularly in the technology and semiconductor sectors where Amkor operates. This filing reflects a routine compensation event rather than a strategic industry move.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a component of executive compensation, with shares withheld for tax obligations upon vesting, aligns with common practices observed in publicly traded companies, particularly within the semiconductor and technology manufacturing services industry.

Stakeholder Impact

• Shareholders: No direct impact on company operations or strategy. The transactions are part of a pre-existing, disclosed executive compensation plan.
• Employees: No direct impact on the broader employee base.

Next Steps

• Future annual installments of RSUs granted on February 20, 2024, will vest on the first and second anniversaries of the 2024 Grant Date, with 100% vested on the third anniversary.
• Future annual installments of RSUs granted on February 20, 2025, will vest on the first and second anniversaries of the 2025 Grant Date, with 100% vested on the third anniversary.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events (RSU vesting and tax withholding) and does not provide new information regarding the company's financial performance, strategic direction, or operational health. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Amkor Technology, AMKR, Kevin K. Engel, Form 4, Insider Transaction, Restricted Stock Units, RSU, Stock Vesting, CEO, Director