Form 4: Amkor Technology Director Robert Morse Reports Changes in Beneficial Ownership
SEC Filing
Director Robert Morse reports acquisition of dividend equivalent units related to restricted stock units in Amkor Technology.
Summary
- Robert Morse, a director of Amkor Technology, Inc., filed a Form 4 on June 26, 2024, reporting changes in beneficial ownership.
- The reported transactions involve the acquisition of dividend equivalent units (DEUs) related to previously granted restricted stock units (RSUs).
- On June 24, 2024, Morse acquired 17.9328 DEUs related to RSUs granted on May 16, 2023, and 12.3846 DEUs related to RSUs granted on May 14, 2024.
- These DEUs represent additional RSUs subject to the same provisions as the original RSUs.
- Following these transactions, Morse directly owns 8,588.9749 and 5,867.3846 restricted stock units respectively.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects routine compensation adjustments and alignment of director interests with shareholders.
Positives
- The acquisition of DEUs 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. This filing indicates the director's continued holdings in the company.
Stakeholder Impact
- The report provides transparency to shareholders regarding the director's holdings.
Key Dates
| Date | Description |
|---|---|
| May 16, 2023 | Date of original RSU grant related to some of the DEUs. |
| May 14, 2024 | Date of original RSU grant related to some of the DEUs. |
| June 24, 2024 | Date of the transaction (acquisition of DEUs). |
| June 26, 2024 | Date of Form 4 filing. |
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