Form 4: Amkor Technology Insider Agnes Kim Reports Significant Stock Acquisitions from Trust Distributions

Agnes C. Kim, a member of Amkor Technology's 10% owner group, reported the acquisition of 1,738,000 shares directly and 2,711,000 shares indirectly through her spouse from grantor retained annuity trusts, effective July 30, 2025.

Summary

• Agnes C. Kim, a member of the 10% owner group of Amkor Technology, Inc. (AMKR), reported changes in her beneficial ownership.
• On July 30, 2025, Ms. Kim directly acquired 1,738,000 shares of Common Stock from the 2023 Grantor Retained Annuity Trust of Agnes C. Kim.
• Following this transaction, Ms. Kim's direct beneficial ownership stands at 1,833,000 shares.
• Additionally, on July 30, 2025, her spouse, James J. Kim, acquired 2,711,000 shares of Common Stock from the 2023 Grantor Retained Annuity Trust of James J. Kim.
• This indirect acquisition by her spouse resulted in Ms. Kim's indirect beneficial ownership increasing to 12,731,870 shares.
• Both transactions were reported with a transaction price of $0, indicating they were distributions or gifts rather than open market purchases.

Sentiment

Score: 7

Explanation: The filing indicates a significant increase in insider ownership (direct and indirect) through trust distributions, which generally signals long-term commitment and confidence from key stakeholders. While not a direct market purchase, it prevents shares from entering the open market and reflects a strategic holding by a major owner.

Positives

• Significant increase in direct and indirect beneficial ownership by a key insider, Agnes C. Kim, and her spouse, James J. Kim, indicating continued long-term commitment to the company.
• The transactions involve distributions from grantor retained annuity trusts, which are often part of estate planning and do not reflect a sale of shares.

Future Outlook

This filing is a report of past and future (as per the transaction date) insider transactions and does not provide forward-looking statements or guidance regarding the company's operations or financial performance.

Management Comments

• The Reporting Person states that the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities owned by the other members of the group, for the purpose of Section 16, or for any other purpose.

Industry Context

This Form 4 filing reports an insider transaction and does not provide information directly related to broader industry trends or competitors. It reflects an individual's ownership changes within the semiconductor packaging and test services industry.

Comparison to Industry Standards

• This filing is a standard insider transaction report (Form 4) and does not contain information that allows for a direct comparison of company performance or results against industry benchmarks or specific comparable companies/projects. The reported transactions are related to personal estate planning rather than operational performance.

Related Party Transactions

• The transactions involve distributions from grantor retained annuity trusts established by Agnes C. Kim and James J. Kim (spouse of the reporting person), which are considered related party dealings in the context of beneficial ownership reporting.

Stakeholder Impact

• Shareholders: The increase in insider ownership by a significant shareholder and her spouse may be viewed positively, indicating long-term commitment and alignment of interests with other shareholders. It does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Recommendation

This Form 4 reports a significant increase in beneficial ownership by a key insider and her spouse through trust distributions. While these are not open market purchases, they reflect a strategic decision to retain and consolidate shares within the family's long-term holdings. This signals continued confidence in the company's future from a major shareholder. However, as these are not market-based transactions, they do not provide new fundamental insights into the company's operational performance or valuation that would warrant a 'buy' or 'sell' recommendation based solely on this filing. The information supports a 'hold' stance, reinforcing the existing investment thesis due to insider commitment.

Keywords

Amkor Technology, AMKR, SEC Form 4, Insider Trading, Beneficial Ownership, Trust Distribution, Agnes C. Kim, James J. Kim, Stock Acquisition, Corporate Governance