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 previously granted restricted stock units.
Summary
- On April 2, 2025, Roger Anthony Carolin, a director of Amkor Technology, Inc., acquired dividend equivalent units (DEUs) related to previously granted restricted stock units (RSUs).
- 37.6302 DEUs were accrued related to RSUs granted on May 16, 2023.
- 25.9877 DEUs were accrued related to RSUs granted on May 14, 2024.
- Each DEU represents an additional RSU subject to the same provisions as the original RSU.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding director's compensation, indicating a neutral sentiment.
Positives
- The acquisition of dividend equivalent units increases the director's stake in the company, aligning their interests with shareholders.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Comparison to Industry Standards
- Executive compensation practices, including the use of restricted stock units and dividend equivalent units, are common among publicly traded technology companies.
- Companies like Texas Instruments, Intel, and Micron Technology also utilize similar equity-based compensation plans to incentivize and retain key personnel.
Stakeholder Impact
- The acquisition of DEUs by a director aligns their interests with shareholders, potentially fostering better corporate governance.
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. |
| April 2, 2025 | Date of dividend payment and acquisition of DEUs. |
| April 4, 2025 | Date of Form 4 filing. |
Keywords
Amkor Technology, Director, Roger Carolin, Dividend Equivalent Units, Restricted Stock Units, DEU, RSU, Beneficial Ownership, Form 4
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