Form 4: Amkor Technology CFO Megan Faust Reports Stock Transactions
SEC Filing Form 4
CFO of Amkor Technology, Megan Faust, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 24, 2025, Megan Faust, CFO of Amkor Technology, Inc., reported transactions involving common stock and restricted stock units (RSUs).
- Faust acquired 3,493 shares of common stock upon the vesting of RSUs.
- Simultaneously, 1,497 shares were withheld by Amkor Technology to cover tax obligations related to the vesting of these RSUs at a price of $21.95 per share.
- Following these transactions, Faust directly owns 82,138 shares of Amkor Technology common stock and 3,493 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The vesting schedule of the RSUs (four equal annual installments) is a common vesting structure.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation-related stock activity.
Key Dates
| Date | Description |
|---|---|
| February 24, 2022 | Grant Date of 13,972 RSUs which vest in four equal annual installments beginning on the first anniversary of the Grant Date. |
| February 24, 2025 | Date of stock transactions: vesting of RSUs and tax withholding. |
| February 26, 2025 | Date of signature by Attorney-in-Fact. |
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