Form 4: Amkor Technology CEO Guillaume Rutten Reports Stock Transactions
SEC Form 4 Filing
Guillaume Rutten, President and CEO of Amkor Technology, reports the vesting and conversion of restricted stock units into common stock.
Summary
- On February 24, 2025, Guillaume Rutten, the President and CEO of Amkor Technology, Inc., reported a transaction involving restricted stock units (RSUs).
- Rutten converted 10,748 RSUs into 10,748 shares of Amkor Technology's common stock.
- Following the transaction, Rutten directly owns 359,316 shares of common stock and 10,748 derivative securities.
- These RSUs were granted on February 24, 2022, under the company's 2021 Equity Incentive Plan and vest in four equal annual installments.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the holdings of key personnel.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the ongoing vesting of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/24/2022 | Grant Date: 42,992 time-vested restricted stock units (RSUs) were granted. |
| 02/24/2025 | Transaction Date: 10,748 RSUs converted into common stock. |
| 02/26/2025 | Date of signature by Attorney-in-Fact. |
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