Form 4: Amkor Technology Insider Filing: Susan Y. Kim Reports Changes in Beneficial Ownership

Susan Y. Kim, a director and member of a 10% owner group of Amkor Technology, Inc., filed a Form 4 disclosing changes in beneficial ownership, including dividend equivalent units and adjustments in holdings through various trusts and partnerships.

Summary

• On September 25, 2024, Susan Y. Kim, a director and member of a 10% owner group of Amkor Technology, Inc. (AMKR), filed a Form 4 with the SEC.
• The filing reports changes in her beneficial ownership of AMKR common stock.
• These changes include the acquisition of 14,864 dividend equivalent units (DEUs) on September 23, 2024, related to previously granted restricted stock units (RSUs).
• The filing also reflects Kim's indirect ownership through various trusts, limited partnerships, and a limited liability company, including James J. Kim 2024 GRAT, Agnes C. Kim 2024 GRAT, James J. Kim 2023 GRAT, Agnes C. Kim 2023 GRAT, James J. Kim 2021 GRAT, own GRATs, trusts (excl. GRATs), Sujoda Investments, LP, Sujochil, LP, and Kim Capital Partners KPC, LLC.
• As of the filing, Kim directly owns 2,416,475 shares of AMKR common stock.
• Kim disclaims beneficial ownership of the indirectly held securities except to the extent of her pecuniary interest.
• She is no longer serving as the general partner of 915 Investments, LP as of September 20, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and large shareholders, providing transparency into their transactions in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders like Susan Y. Kim, similar to filings made by executives at comparable semiconductor companies such as Taiwan Semiconductor Manufacturing (TSM) or Intel (INTC).
• The disclosed ownership structure through trusts and partnerships is a common wealth management strategy among high-net-worth individuals in similar positions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure and transactions of a key insider.
• The changes in beneficial ownership may have a minor impact on the overall shareholder base.

Key Dates