Form 4: Amkor Technology Director Transfers Shares to Grantor Retained Annuity Trusts

Susan Y. Kim, a director and member of a 10% owner group of Amkor Technology, Inc., reports the transfer of shares to various Grantor Retained Annuity Trusts (GRATs) and other entities.

Summary

• On August 8, 2024, Susan Y. Kim reported transactions involving Amkor Technology, Inc. common stock.
• Kim transferred 2,200,000 shares to the James J. Kim 2024 GRAT and 1,600,000 shares to the Agnes C. Kim 2024 GRAT, both as gifts.
• These transfers were executed at a price of $0 per share.
• Kim also distributed 2,000,000 shares to the Susan Y. Kim 2024 GRAT.
• After these transactions, Kim's beneficial ownership includes shares held directly and indirectly through various trusts and partnerships.
• The report indicates indirect ownership through entities like Sujoda Investments, LP, Sujochil, LP, and Kim Capital Partners KPC, LLC.
• Kim disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transfers for estate planning purposes. It doesn't convey any particularly positive or negative sentiment regarding the company's performance or prospects.

Industry Context

This filing reflects standard transactions related to estate planning and wealth management by a company insider. It doesn't necessarily indicate a change in the company's financial health or strategic direction.

Stakeholder Impact

• The transactions reported have minimal direct impact on stakeholders, as they primarily involve internal transfers for estate planning purposes.
• The filing ensures transparency regarding the insider's holdings, which is beneficial for shareholders.

Key Dates