Form 4: Amkor Technology CFO Faust Sells Shares

Sentiment:

Statement of Changes in Beneficial Ownership


Amkor Technology CFO Megan Faust reported a disposition of company stock, involving shares withheld for tax obligations upon RSU vesting.

Summary

  • Amkor Technology, Inc. (AMKR) CFO Megan Faust has reported a transaction involving company stock.
  • On June 30, 2026, 8,692 shares of common stock were acquired by the company (transaction code M) with a reported price of $0, representing shares withheld to satisfy tax obligations upon the vesting of Restricted Stock Units (RSUs).
  • Following this transaction, Faust beneficially owns 140,830 shares of common stock directly.
  • An additional transaction on the same date involved the disposition of 3,725 shares at a price of $86.23 (transaction code F(1)), leaving 137,105 shares beneficially owned.
  • The RSUs were granted on February 20, 2025, and vested in five equal quarterly installments, with full vesting on June 30, 2026.
  • The company will pay the taxes on behalf of the reporting person for the withheld shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports standard insider transactions related to equity compensation and tax obligations, without indicating significant positive or negative strategic shifts.

Positives

  • The CFO's RSU award has fully vested, indicating the achievement of performance or service conditions associated with the grant.
  • The company is covering the tax withholding obligations for the CFO, which is a common practice for equity awards and can be seen as a benefit to the executive.

Negatives

  • The filing indicates a disposition of shares, which could be interpreted negatively by the market if not contextualized.
  • The sale price of $86.23 for the 3,725 shares suggests a significant value, though the context of this specific sale is not detailed beyond tax withholding.

Risks

  • The withholding of shares for tax obligations, while standard, represents a reduction in the reporting person's direct ownership of the company.
  • The disposition of shares, even if for tax purposes, can sometimes be perceived as a lack of confidence by insiders, although this is a Form 4 filing and the context is clear.

Future Outlook

This filing is a report of past transactions and does not contain forward-looking statements or guidance.

Management Comments

  • The company will pay these taxes on behalf of the Reporting Person.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The actions reported by Amkor Technology's CFO are typical for executives managing equity compensation and associated tax liabilities.

Stakeholder Impact

  • Shareholders: The disposition of shares by the CFO, even for tax purposes, is a routine event and unlikely to have a significant impact on the share price. The full vesting of RSUs indicates the executive has met certain criteria.
  • Employees: The company's practice of covering tax withholding for executives is a standard compensation benefit.
  • Creditors: No direct impact is indicated.

Next Steps

  • Continued reporting of insider transactions as they occur.

Key Dates

DateDescription
02/20/2025Grant Date of Restricted Stock Units (RSUs) to Reporting Person.
06/30/2026Date of earliest transaction reported; also the date of full vesting of RSUs and transaction date for shares withheld for tax obligations and disposition of shares.
07/02/2026Date of signature for the filing.

Keywords

Form 4, SEC Filing, Insider Transaction, Amkor Technology, AMKR, Megan Faust, CFO, Restricted Stock Units, RSU Vesting, Tax Withholding, Stock Disposition

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