Form 4: Amkor Director Kim Reports Future Trust Share Distribution

Amkor Technology Director James J. Kim filed a Form 4 detailing a future distribution of 965,000 common shares from one trust to another, effective November 21, 2025.

Summary

• James J. Kim, a Director and 10% owner of Amkor Technology, Inc. (AMKR), reported a change in beneficial ownership.
• On November 21, 2025, 965,000 shares of Amkor Technology Common Stock were acquired by the James J. Kim 2018-1 Qualified Annuity Trust U/A dated 8/30/18.
• This acquisition resulted from a distribution from the 2024 Grantor Retained Annuity Trust of James J. Kim 8/5/2024, which occurred on November 20, 2025.
• The transaction was coded 'G' (gift) with a $0 price per share.
• Following this transaction, Mr. Kim's total beneficial ownership includes 2,341,239 shares held directly and 12,748,710 shares held indirectly through various trusts and his spouse, totaling 15,099,949 shares.
• Mr. Kim disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The filing reports an internal transfer of shares between trusts of a director, which is a neutral event for the company's operational or financial performance. It reflects personal estate planning rather than a market-driven transaction.

Positives

• The transaction represents a structured estate planning event, indicating long-term wealth management by a significant insider.
• The shares remain within trusts associated with the reporting person, suggesting continued alignment of interests with the company.

Negatives

• No direct negative implications are apparent from this internal trust transfer.

Risks

• No specific risks related to the company's operations or financial health are mentioned in this Form 4 filing.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• "The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of the Reporting Person's pecuniary interest therein, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ('Section 16'), or for any other purpose."

Industry Context

This Form 4 filing details an internal trust transfer of shares by a director and significant owner, which is a routine personal financial planning event and does not directly reflect broader industry trends or competitive dynamics within the semiconductor packaging and test services sector.

Related Party Transactions

• The distribution of 965,000 shares from the 2024 Grantor Retained Annuity Trust of James J. Kim to the James J. Kim 2018-1 Qualified Annuity Trust involves entities controlled by or for the benefit of the reporting person and his immediate family.

Stakeholder Impact

• Shareholders: Minimal direct impact as the shares remain within the beneficial ownership structure of a significant insider, indicating no change in overall insider commitment.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders as the transaction is an internal personal financial matter of a director.

Key Dates

Keywords

Amkor Technology, AMKR, SEC Form 4, Beneficial Ownership, Trust Distribution, Insider Transaction, James J. Kim, Equity Transfer, Estate Planning