Form 4: Amkor Technology Director Susan Y. Kim Reports Stock Transfers from Grantor Retained Annuity Trusts

Director Susan Y. Kim reports the distribution of Amkor Technology shares from two Grantor Retained Annuity Trusts (GRATs) to James J. Kim and Agnes C. Kim, while also disclosing beneficial ownership of a significant number of shares through various entities.

Summary

• On June 12, 2024, Susan Y. Kim, a director and member of a 10% owner group of Amkor Technology, Inc., reported transactions involving the company's common stock.
• 1,530,000 shares were distributed from the 2023 Grantor Retained Annuity Trust (GRAT) of James J. Kim to James J. Kim.
• 980,000 shares were distributed from the 2023 Grantor Retained Annuity Trust (GRAT) of Agnes C. Kim to Agnes C. Kim.
• Kim disclaims beneficial ownership of certain securities except to the extent of her pecuniary interest.
• Kim is a trustee of trusts and GRATs that own significant amounts of Amkor Technology's common stock.
• Kim is also a general partner or manager of limited partnerships and a limited liability company that own substantial shares of the company's stock.
• The report indicates Kim's indirect beneficial ownership of a total of 98,935,961 shares through various entities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transfers. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It doesn't necessarily reflect a change in the company's fundamentals or strategic direction. Such filings are common and provide transparency into the holdings of company insiders.

Stakeholder Impact

• The stock transfers from the GRATs could have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.

Key Dates