Form 4: Amkor Technology Director Daniel Liao Reports Stock Transactions
SEC Form 4
Director Daniel Liao reports acquisition and disposal of Amkor Technology stock units related to vesting of restricted stock units.
Summary
- Director Daniel Liao reported transactions involving Amkor Technology common stock.
- On May 14, 2025, Liao vested 5,855 time-vested restricted stock units (RSUs) granted on May 14, 2024, under the company's 2021 Equity Incentive Plan.
- A portion of these RSUs (0.0342) representing dividend equivalent units (DEUs) were settled in cash.
- The remaining RSUs, including 162 DEUs, converted into common stock on a one-for-one basis, resulting in the acquisition of 6,017 shares.
- On May 15, 2025, Liao was granted 9,789 restricted stock units (RSUs) which will vest on the earlier of the first anniversary of the grant date or the date of the Issuer's first annual meeting of stockholders immediately following the Grant Date.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, indicating a neutral sentiment.
Positives
- The grant of RSUs to a director aligns their interests with those of the shareholders.
Future Outlook
The 2025 RSUs will vest in full on the earlier of the first anniversary of the Grant Date or the date of the Issuer's first annual meeting of stockholders immediately following the Grant Date.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| May 14, 2024 | Date of original grant of 5,855 time-vested restricted stock units (RSUs). |
| May 14, 2025 | Vesting date of 5,855 time-vested restricted stock units (RSUs) and conversion to common stock. |
| May 15, 2025 | Grant date of 9,789 restricted stock units (RSUs). |
| May 16, 2025 | Date of Form 4 filing. |
Keywords
Amkor Technology, Director, Daniel Liao, Stock, RSU, Restricted Stock Units, Beneficial Ownership, Form 4, Equity Incentive Plan, DEU, Dividend Equivalent Units
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