Form 4: Amkor Technology Director Winston J. Churchill Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Winston J. Churchill reports acquisition of dividend equivalent units related to restricted stock units in Amkor Technology.
Summary
- On April 1, 2024, Winston J. Churchill, a director of Amkor Technology, Inc., acquired 20.9884 dividend equivalent units (DEUs) related to existing restricted stock units (RSUs).
- These DEUs accrued due to Amkor Technology's dividend payment on April 1, 2024.
- Each DEU represents an additional RSU and is subject to the same provisions as the original RSU.
- Following this transaction, Churchill's derivative security holdings decreased to 8,571.0421.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (dividend accrual) and standard regulatory reporting, suggesting a moderately positive sentiment due to the absence of negative news.
Industry Context
This filing is a routine disclosure related to director's holdings and dividend accruals, common for publicly traded companies.
Stakeholder Impact
- The dividend payment and subsequent DEU accrual may be viewed positively by shareholders as it increases the value of their holdings.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of dividend payment by Amkor Technology, resulting in the accrual of dividend equivalent units. |
| 04/01/2024 | Date of transaction: acquisition of dividend equivalent units. |
| 04/03/2024 | Date of signature of the Form 4 filing. |
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