AMKR.NASDAQAmkor Technology, INC

Form 4: Amkor Technology Director Robert Morse Reports Acquisition of Restricted Stock Units Due to Dividend Equivalents

Sentiment:

SEC Form 4 Filing

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Director Robert Morse reports the acquisition of additional restricted stock units in Amkor Technology due to accrued dividend equivalents.

Summary

  • Robert Randolph Morse, a director of Amkor Technology, Inc., reported changes in beneficial ownership.
  • The report details the acquisition of restricted stock units (RSUs) due to dividend equivalent units (DEUs) accrued on previously granted RSUs.
  • On September 23, 2024, Morse acquired 21.5229 RSUs related to RSUs granted on May 16, 2023, and 14.864 RSUs related to RSUs granted on May 14, 2024.
  • These DEUs are subject to the same provisions as the original RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing reflecting standard compensation practices.

Positives

  • The acquisition of RSUs through dividend equivalents indicates a continued investment in the company by a director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued stake in the company's performance.

Stakeholder Impact

  • The acquisition of shares by a director can be viewed positively by shareholders, signaling confidence in the company's future.

Key Dates

DateDescription
05/16/2023Date of original RSU grant related to some of the dividend equivalent units.
05/14/2024Date of original RSU grant related to some of the dividend equivalent units.
09/23/2024Date of transaction: Acquisition of restricted stock units due to dividend equivalents.
09/25/2024Date of report filing.

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