Form 4: Amkor Technology Executive Vice President Kevin Engel Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Kevin Engel reports the vesting of restricted stock units and subsequent tax withholding by Amkor Technology.
Summary
- Kevin Engel, an Executive Vice President at Amkor Technology, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 11, 2025, 790 shares of common stock were acquired through the vesting of restricted stock units (RSUs).
- Also on February 11, 2025, 327 shares were disposed of to cover tax withholding obligations at a price of $21.6 per share.
- Following these transactions, Engel directly owns 463 shares of Amkor Technology common stock.
- The RSUs were granted on February 11, 2021, and vest in four equal annual installments.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 02/11/2021 | Grant Date of 3,268 Restricted Stock Units (RSUs) which vest in four equal annual installments beginning on the first anniversary of the Grant Date. |
| 02/11/2025 | Date of transaction: Vesting of 790 Restricted Stock Units (RSUs) and withholding of 327 shares for tax obligations. |
| 02/13/2025 | Date of signature for the Form 4 filing. |
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