Form 4: Amkor Technology EVP Mark Rogers Reports Stock Transactions
SEC Form 4 Filing
Mark Rogers, EVP & General Counsel of Amkor Technology, reports the vesting of restricted stock units and associated tax withholding.
Summary
- On February 23, 2024, Mark Rogers, EVP & General Counsel of Amkor Technology, Inc., reported transactions involving Amkor's common stock.
- Rogers acquired 1,881 shares of common stock through the vesting of restricted stock units (RSUs) granted on February 24, 2022.
- 807 shares were withheld by Amkor Technology to satisfy Rogers' tax withholding obligations related to the vesting of the RSUs, at a price of $30.59 per share.
- Following these transactions, Rogers directly owns 30,280 shares of Amkor Technology common stock and 3,761 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on routine stock transactions related to executive compensation.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving equity compensation. It provides transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/24/2022 | Grant date of 7,523 RSUs vesting in four equal annual installments. |
| 02/23/2024 | Transaction date: Vesting of 1,881 RSUs and withholding of 807 shares for tax obligations. |
| 02/27/2024 | Date of Form 4 filing. |
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