Form 4: Amkor Exec's RSU Vesting & Tax Withholding

Amkor Technology's EVP & General Counsel, Mark N. Rogers, reported the vesting of restricted stock units and subsequent share withholdings for tax obligations.

Summary

• Mark N. Rogers, EVP & General Counsel of Amkor Technology, Inc. (AMKR), reported transactions related to the vesting of Restricted Stock Units (RSUs).
• On February 20, 2026, 7,422 shares of common stock were acquired upon the vesting of RSUs granted on February 20, 2024, with a transaction price of $0.
• Concurrently, 3,181 shares of common stock were disposed of at a price of $47.94 to satisfy tax withholding obligations related to the 2024 RSU grant.
• Additionally, 8,690 shares of common stock were acquired upon the vesting of RSUs granted on February 20, 2025, with a transaction price of $0.
• Another 3,724 shares of common stock were disposed of at a price of $47.94 to cover tax withholding obligations for the 2025 RSU grant.
• Following these transactions, Mr. Rogers beneficially owns 37,830 shares of common stock directly.
• The company's 2021 Equity Incentive Plan, as amended, governs these RSU grants, which vest in three equal annual installments.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting routine executive compensation and retention. It does not indicate any significant operational or financial changes for the company.

Positives

• The vesting of Restricted Stock Units represents a scheduled compensation event for the EVP & General Counsel, indicating continued executive retention and reward for service.
• The company is covering the tax withholding obligations on behalf of the reporting person, which is a common practice and a benefit to the executive.

Negatives

• A portion of the vested shares was withheld to cover tax obligations, resulting in a reduction of the net shares received by the executive.

Future Outlook

The filing indicates future vesting events for the remaining Restricted Stock Units, which are scheduled to vest in three equal annual installments, with 100% vesting on the third anniversary of their respective grant dates (February 20, 2024, and February 20, 2025).

Industry Context

StockSavvy.ai notes that Form 4 filings detailing RSU vesting and tax-related share withholdings are routine disclosures for publicly traded companies. These transactions reflect standard executive compensation practices and do not typically indicate a change in company strategy or operational performance.

Corporate Governance

Stakeholder Impact

• Shareholders: The vesting and issuance of shares from RSUs represent a planned dilution event, which is typically factored into valuation models. The tax withholding is a standard mechanism and does not represent a discretionary sale by the executive.
• Employees (Executive): Mark N. Rogers, as the reporting person, benefits from the vesting of his equity compensation, reinforcing his alignment with the company's performance.

Next Steps

• Remaining Restricted Stock Units from the 2024 grant will continue to vest in equal annual installments until the third anniversary of the grant date.
• Remaining Restricted Stock Units from the 2025 grant will continue to vest in equal annual installments until the third anniversary of the grant date.

Key Dates

Recommendation

This Form 4 filing details routine, pre-scheduled executive compensation events (RSU vesting and tax withholdings). It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transactions are expected and do not signal any material shift in the company's outlook or insider sentiment beyond standard compensation practices.

Keywords

AMKR, Amkor Technology, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Withholding, Corporate Governance