Form 4: Amkor Technology Director Daniel Liao Reports Acquisition of Dividend Equivalent Units

Director Daniel Liao reports the acquisition of dividend equivalent units related to previously granted restricted stock units in Amkor Technology.

Summary

• On September 23, 2024, Daniel Liao, a director of Amkor Technology, Inc., acquired 14,864 dividend equivalent units (DEUs) related to time-vested restricted stock units (RSUs) granted on May 14, 2024.
• These DEUs accrued due to a dividend payment and represent additional RSUs subject to the same provisions as the original RSUs.
• Following this transaction, Liao directly owns 5,882.2486 shares of Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, indicating standard corporate governance practices. There is no information to suggest a negative outlook, and the acquisition of DEUs is a neutral event.

Industry Context

This filing is a routine disclosure related to executive compensation and ownership in a publicly traded company. It reflects standard practices for aligning executive interests with shareholder value through equity-based compensation.

Comparison to Industry Standards

• Equity compensation, including RSUs and dividend equivalent units, is a common practice among publicly traded technology companies like Amkor Technology to incentivize and retain key personnel.
• Companies such as Texas Instruments, Intel, and Micron Technology also utilize similar equity-based compensation plans for their executives and directors.
• The specific terms and amounts of these grants vary based on company performance, individual contributions, and industry benchmarks for executive compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders through increased equity ownership.

Key Dates