Form 4: Amkor Technology Director David N. Watson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director David N. Watson reports acquisition of dividend equivalent units related to restricted stock units in Amkor Technology.
Summary
- On June 24, 2024, David N. Watson, a director of Amkor Technology, Inc., acquired dividend equivalent units (DEUs) related to time-vested restricted stock units (RSUs).
- The DEUs were accrued upon the payment of a dividend and represent an additional 12.3846 RSUs.
- Following the transaction, Watson directly owns 5,867.3846 derivative securities.
- The original RSUs were granted on May 14, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock ownership changes. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects standard practices for distributing dividend equivalents on unvested equity awards.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the accrual of dividend equivalent units on existing equity awards.
Key Dates
| Date | Description |
|---|---|
| May 14, 2024 | Date the Reporting Person was granted time-vested restricted stock units (RSUs). |
| June 24, 2024 | Date of dividend payment and accrual of dividend equivalent units (DEUs). |
| June 26, 2024 | Date of Form 4 filing. |
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