Form 4: Amkor Technology CFO Megan Faust Reports Stock Transactions

CFO Megan Faust reports acquisition and disposal of Amkor Technology stock and restricted stock units.

Summary

• On February 19, 2025, Megan Faust acquired 6,973 shares of Amkor Technology common stock upon the vesting of performance-vested restricted stock units (PSUs) at $0.
• Also on February 19, 2025, 2,988 shares were disposed of at $22.72 to cover tax obligations related to the PSU vesting.
• On February 20, 2025, 16,805 shares were acquired at $0 upon the vesting of restricted stock units (RSUs).
• On February 20, 2025, 7,201 shares were disposed of at $23.01 to cover tax obligations related to the RSU vesting.
• Faust was granted 54,324 RSUs that will vest in three equal annual installments beginning on February 20, 2026.
• Faust was also granted 43,459 RSUs that will vest in five equal installments on specific dates in 2025 and 2026.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transactions are part of a standard compensation plan, and the vesting of PSUs suggests the achievement of performance goals. The grant of new RSUs indicates continued confidence in the CFO.

Positives

• The vesting of PSUs and RSUs indicates that performance goals were met and service requirements were fulfilled.
• The grant of new RSUs suggests continued confidence in the CFO's role and contribution to the company.

Future Outlook

The document outlines the vesting schedule for RSUs granted in 2025, indicating future stock grants and potential ownership changes.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the trading activities of company executives.

Comparison to Industry Standards

• Stock-based compensation is a common practice in the semiconductor industry to align management's interests with those of shareholders.
• Companies like Texas Instruments (TXN), Intel (INTC), and Micron Technology (MU) also utilize RSUs and PSUs as part of their executive compensation packages.
• The vesting schedules and performance metrics associated with these grants vary depending on the company's specific goals and compensation philosophy.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of shares.
• Employees may be affected by the company's performance, which influences the vesting of PSUs.

Key Dates