Form 4: Amkor Technology Director Gil C. Tily Exercises Options and Sells Shares

Director Gil C. Tily exercised stock options and sold 20,000 shares of Amkor Technology, Inc. common stock on May 3, 2024.

Summary

• On May 3, 2024, Gil C. Tily, a director of Amkor Technology, Inc., exercised stock options to acquire 20,000 shares of common stock at a price of $19.39 per share.
• Simultaneously, Tily sold 20,000 shares of Amkor Technology common stock at a weighted average price of $32.2, with individual sales ranging from $32.14 to $32.31.
• Following these transactions, Tily directly owns 129,218 shares of Amkor Technology common stock.
• The stock option to acquire 20,000 shares was granted on May 18, 2021, and fully vested on May 17, 2022.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction. The director exercised options and sold shares, which doesn't necessarily indicate a positive or negative outlook.

Industry Context

This filing reflects insider trading activity, which is a common occurrence. Investors often monitor these filings to gauge management's sentiment and confidence in the company's future prospects.

Stakeholder Impact

• The transaction could have a minor impact on shareholders due to the change in ownership.

Key Dates