Form 4: Amkor Technology Executive Kevin Engel Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Executive Vice President Kevin Engel reports the vesting of restricted stock units and associated tax withholding transactions.

Summary

  • Kevin Engel, an Executive Vice President at Amkor Technology, Inc., filed a Form 4 detailing changes in his beneficial ownership of company stock.
  • On February 14, 2025, Engel had 1,345 shares of common stock acquired through the vesting of restricted stock units (RSUs).
  • Also on February 14, 2025, 559 shares were disposed of to cover tax withholding obligations at a price of $22.51 per share.
  • Following these transactions, Engel directly owns 1,249 shares of common stock and 2,783 derivative securities.

Sentiment

Score: 5

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

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 do not represent a significant change in ownership.

Key Dates

DateDescription
February 16, 2023Grant Date of 5,567 Restricted Stock Units (RSUs) which vest in four equal annual installments beginning on the first anniversary of the Grant Date.
February 14, 2025Date of transaction: Vesting of 1,345 Restricted Stock Units and withholding of 559 shares for tax obligations.
February 19, 2025Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.