Form 4: Amkor Technology Director Susan Y. Kim Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Susan Y. Kim, a director at Amkor Technology, reported transactions involving restricted stock units and common stock, including the vesting of RSUs and new grants.

Summary

  • On May 14, 2025, Susan Y. Kim, a director at Amkor Technology, reported changes in beneficial ownership.
  • The transactions involved the vesting of 5,855 time-vested restricted stock units (RSUs) granted in 2024, with a portion settled in cash and the remainder converted into common stock.
  • Kim also received a grant of 9,789 RSUs on May 15, 2025, which will vest on the earlier of the first anniversary of the grant date or the date of the Issuer's first annual meeting of stockholders immediately following the Grant Date.
  • Kim disclaims beneficial ownership of certain securities held in trusts and limited partnerships, except to the extent of her pecuniary interest.
  • Kim is a member of a 10% owner group.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Positives

  • The grant of 9,789 RSUs to Susan Y. Kim aligns her interests with the company's performance.

Future Outlook

The 2025 RSUs will vest on the earlier of the first anniversary of the grant date or the date of the Issuer's first annual meeting of stockholders immediately following the Grant Date.

Management Comments

  • The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of the Reporting Person's pecuniary interest therein, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ('Section 16'), or for any other purpose.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company securities, providing transparency to investors.

Stakeholder Impact

  • The reported transactions provide transparency to shareholders regarding the ownership stake of a key director.

Key Dates

DateDescription
08/05/2024Date of James J. Kim 2024 GRAT and Agnes C. Kim 2024 GRAT
05/14/2025Date of earliest transaction, vesting of 2024 RSUs, and conversion to common stock
05/15/2025Grant date of 9,789 RSUs
05/16/2025Date of signature by Attorney-in-Fact

Keywords

beneficial ownership, Amkor Technology, restricted stock units, RSUs, common stock, Form 4, director, Kim

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