Form 4: Amkor Technology Director Gil C. Tily Reports Acquisition of Dividend Equivalent Units

Sentiment:

SEC Form 4 Filing


Director Gil C. Tily reports the acquisition of dividend equivalent units related to restricted stock units of Amkor Technology.

Summary

  • On September 23, 2024, Gil C. Tily, a director of Amkor Technology, Inc., acquired 14,864 dividend equivalent units (DEUs) related to previously granted restricted stock units (RSUs).
  • These DEUs accrued due to a dividend payment on September 23, 2024, and each DEU represents an additional RSU subject to the same provisions as the original RSU granted on May 14, 2024.
  • Following this transaction, Tily directly owns 5,882.2486 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (acquisition of dividend equivalent units) and doesn't indicate any significant positive or negative sentiment. It's a neutral event from an investment perspective.

Positives

  • The acquisition of dividend equivalent units indicates continued alignment of the director's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction has a minor positive impact on stakeholders by aligning management's interests with shareholders through equity ownership.

Key Dates

DateDescription
May 14, 2024Date of original RSU grant to Gil C. Tily.
September 23, 2024Date of dividend payment and acquisition of dividend equivalent units.
September 25, 2024Date of Form 4 filing.

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