Form 4: Amkor Technology Insider James J. Kim Reports Share Transfers

James J. Kim, a director and member of a 10% owner group at Amkor Technology, reported the distribution of shares from a family trust, resulting in changes to his direct and indirect ownership.

Summary

• James J. Kim, a director at Amkor Technology, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On January 17, 2025, the James J. Kim 2021 Qualified Annuity Trust distributed 274,000 shares to Susan Y. Kim and 274,000 shares to John T. Kim.
• The same trust also distributed 790,097 shares to James J. Kim on January 7, 2025, which was considered a change from indirect to direct ownership and not reportable on a Form 4.
• Kim also indirectly owns shares through his spouse, family trusts, and a limited liability company, totaling 9,786,032 shares and 164,678 shares respectively.
• Kim disclaims beneficial ownership of these indirectly held securities, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral report of share transfers, with no indication of positive or negative sentiment.

Management Comments

• The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC to ensure transparency in the market.
• The reported transactions are typical of trust distributions and do not indicate any unusual activity compared to similar filings by other company insiders.

Stakeholder Impact

• The share transfers do not have a direct impact on stakeholders, as they are internal transactions within a family trust.

Key Dates

Keywords

Form 4, Beneficial Ownership, Insider Trading, Amkor Technology, Share Distribution, James J. Kim, Trust