Form 4: Amkor Technology Executive Farshad Haghighi Reports Share Transactions

Farshad Haghighi, an Executive Vice President at Amkor Technology, reported the acquisition and disposal of company shares related to restricted stock units and tax obligations.

Summary

• On February 23, 2024, Farshad Haghighi, an Executive Vice President at Amkor Technology, filed a Form 4 detailing changes in beneficial ownership of Amkor Technology stock.
• The report corrects an underreporting of 31 shares in a previous filing on February 22, 2024, related to tax withholding obligations from vested performance-vested restricted stock units.
• Haghighi acquired 1,816 shares through the vesting of restricted stock units and disposed of 812 shares to cover tax withholding obligations at a price of $30.59 per share.
• Following these transactions, Haghighi directly owns 18,265 shares of Amkor Technology common stock and 3,761 restricted stock units.
• The restricted stock units were granted on February 24, 2022, and vest in four equal annual installments.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Positives

• The reporting person increased their direct ownership of Amkor Technology shares to 18,265.

Negatives

• The reporting person disposed of 812 shares to cover tax obligations.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they relate to executive compensation and tax obligations.

Key Dates