Form 4: Amkor Technology Director Roger Carolin Reports Acquisition of Dividend Equivalent Units
SEC Form 4 Filing
Director Roger Carolin reports the acquisition of dividend equivalent units related to restricted stock units in Amkor Technology.
Summary
- On June 24, 2024, Roger Anthony Carolin, a director of Amkor Technology, Inc., acquired dividend equivalent units (DEUs) related to previously granted restricted stock units (RSUs).
- These DEUs represent additional RSUs subject to the same provisions as the original RSUs.
- 17.9328 DEUs were accrued related to RSUs granted on May 16, 2023, and 12.3846 DEUs were accrued related to RSUs granted on May 14, 2024.
- Following the transaction, Carolin directly owns 8,588.9749 and 5,867.3846 restricted stock units respectively.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a routine disclosure of insider transactions. It doesn't inherently indicate positive or negative performance for the company.
Positives
- The acquisition of dividend equivalent units indicates continued alignment of the director's interests with those of the shareholders.
Industry Context
This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency regarding the compensation and equity ownership of company directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding director compensation.
Key Dates
| Date | Description |
|---|---|
| May 16, 2023 | Date of grant of original restricted stock units related to some of the dividend equivalent units. |
| May 14, 2024 | Date of grant of original restricted stock units related to some of the dividend equivalent units. |
| June 24, 2024 | Date of transaction: Acquisition of dividend equivalent units. |
| June 26, 2024 | Date of Form 4 filing. |
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