Form 4: Amkor Technology Director Robert Morse Acquires Restricted Stock Units

Director Robert Morse received 5,855 restricted stock units (RSUs) of Amkor Technology, Inc. on May 14, 2024, which will vest on the earlier of the first anniversary of the grant date or the next annual meeting.

Summary

• Robert Randolph Morse, a director of Amkor Technology, Inc., acquired 5,855 Restricted Stock Units (RSUs) on May 14, 2024.
• These RSUs were granted under the company's 2021 Equity Incentive Plan.
• The RSUs will vest in full on the earlier of May 14, 2025, or the date of the Issuer's first annual meeting of stockholders immediately following the Grant Date.
• Each RSU can be converted into one share of Amkor Technology's common stock.
• The RSUs were awarded for no consideration other than Morse's service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of RSUs is a routine event and reflects standard corporate governance practices. It indicates confidence in the company's future, as the director's compensation is tied to the company's stock performance.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes continued service as a director.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies. It reflects standard practices for incentivizing board members.

Comparison to Industry Standards

• Granting restricted stock units to directors is a common practice among publicly traded companies to align their interests with shareholders.
• The vesting schedule of one year or until the next annual meeting is also fairly standard.
• Companies like Texas Instruments and Intel also use similar equity-based compensation for their board members.

Stakeholder Impact

• The grant of RSUs to a director can have a slightly positive impact on shareholder sentiment, as it aligns the director's interests with those of the shareholders.
• There is no immediate impact on employees, customers, suppliers, or creditors.

Key Dates