Form 4: Amkor Technology Director Acquires Dividend Equivalent Units
SEC Form 4 Filing
Director David N. Watson reports acquisition of dividend equivalent units related to restricted stock units in Amkor Technology.
Summary
- On September 23, 2024, David N. Watson, a director of Amkor Technology, Inc., acquired 14,864 dividend equivalent units (DEUs) related to previously granted restricted stock units (RSUs).
- These DEUs accrued due to a dividend payment on September 23, 2024, concerning RSUs granted on May 14, 2024.
- Each DEU represents an additional RSU and is subject to the same provisions as the original RSU.
- Following the transaction, Watson directly owns 5,882.2486 shares of common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (acquisition of dividend equivalent units) and doesn't indicate any significant positive or negative sentiment. It's a neutral disclosure required by regulations.
Positives
- The acquisition of dividend equivalent units indicates continued alignment of the director's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of dividend equivalent units by a director.
Key Dates
| Date | Description |
|---|---|
| May 14, 2024 | Date the reporting person was granted restricted stock units (RSUs). |
| September 23, 2024 | Date of dividend payment and acquisition of dividend equivalent units (DEUs). |
| September 25, 2024 | Date of Form 4 filing. |
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