Form 4: Amkor Technology Director David N. Watson Reports Stock Transactions
SEC Form 4 Filing
Director David N. Watson reports acquisition and disposal of Amkor Technology stock units related to vesting of restricted stock units.
Summary
- On May 14, 2025, David N. Watson, a director of Amkor Technology, Inc., reported transactions involving restricted stock units (RSUs).
- 5,855 time-vested RSUs granted on May 14, 2024, vested, with a portion settled in cash and the remainder converted into common stock on a one-for-one basis.
- Additionally, on May 15, 2025, Watson was granted 9,789 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.
- Following these transactions, Watson directly owns 102,980 shares of Amkor Technology common stock and 9,789 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing regarding stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Positives
- The granting of RSUs to directors aligns their interests with those of the shareholders.
- The vesting of RSUs and conversion to common stock increases the director's stake in the company.
Future Outlook
The 2025 RSUs 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.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency into the ownership changes of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Reporting Person was granted 5,855 time-vested restricted stock units |
| 05/14/2025 | Vesting of 5,855 restricted stock units and conversion to common stock. |
| 05/15/2025 | Grant date of 9,789 restricted stock units. |
| 05/16/2025 | Date of report. |
Keywords
Amkor Technology, Director, David N. Watson, RSU, Restricted Stock Units, Beneficial Ownership, Form 4, Equity Incentive Plan, Stock Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.