Form 4: Amkor Technology Director John D. Liu Acquires 2,970 Restricted Stock Units

Director John D. Liu of Amkor Technology, Inc. was granted 2,970 restricted stock units on December 16, 2024, which will vest on the earlier of the first anniversary of the grant date or the next annual meeting.

Summary

• John D. Liu, a director at Amkor Technology, Inc., received 2,970 restricted stock units (RSUs) on December 16, 2024.
• These RSUs were granted under the company's 2021 Equity Incentive Plan.
• The RSUs will vest in full on the earlier of December 16, 2025, or the date of the company's first annual meeting of stockholders following the grant date.
• Each RSU can be converted into one share of Amkor Technology common stock.
• The RSUs were awarded as compensation for Mr. Liu's service as a director.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of granting stock units to a director, which is a normal part of corporate governance and compensation. It is neither exceptionally positive nor negative.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Industry Context

This is a standard practice for compensating board members in publicly traded companies, aligning their interests with shareholders through equity-based compensation.

Comparison to Industry Standards

• Granting restricted stock units to directors is a common practice among publicly traded companies, including those in the semiconductor industry such as Texas Instruments (TXN) and Intel (INTC).
• These grants are typically part of a broader compensation package designed to attract and retain qualified board members.
• The vesting schedule of one year or the next annual meeting is also a standard practice, ensuring that directors have a long-term stake in the company's success.

Stakeholder Impact

• The grant of RSUs to a director aligns their interests with those of shareholders, potentially leading to better decision-making.
• The vesting schedule encourages long-term commitment from the director, which can benefit the company and its stakeholders.

Key Dates

Keywords

Restricted Stock Units, RSUs, Director Compensation, Equity Incentive Plan, Amkor Technology, AMKR, Stock Options, Corporate Governance