Form 4: Amkor Technology Insider Reports Major Stock Transfers to Trusts
Insider Transaction Report
Agnes C. Kim, a member of Amkor Technology's 10% owner group, reported significant transfers of common stock to grantor retained annuity trusts for estate planning purposes.
Summary
- Agnes C. Kim transferred 2,538,000 shares of Amkor Technology common stock to the 2025 Grantor Retained Annuity Trust No. 1 of Agnes C. Kim on December 19, 2025.
- James J. Kim, spouse of Agnes C. Kim, transferred 3,244,594 shares of Amkor Technology common stock to the 2025 Grantor Retained Annuity Trust No. 1 of James J. Kim on December 19, 2025.
- A previous Form 4 filed on November 24, 2025, inadvertently reported 705,000 shares as indirect holdings; these shares were direct holdings of Agnes C. Kim.
- Susan Y. Kim is the sole trustee for both the 2025 Grantor Retained Annuity Trust No. 1 of Agnes C. Kim and the 2025 Grantor Retained Annuity Trust No. 1 of James J. Kim.
- Agnes C. Kim disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest.
Sentiment
Score: 5
Explanation: Neutral. The filing reports routine insider stock transfers for estate planning purposes, which typically have no direct operational impact on the company or its financial performance. It clarifies a previous reporting error.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- James J. Kim, spouse of Agnes C. Kim, distributed 3,244,594 shares of common stock to the 2025 Grantor Retained Annuity Trust No. 1 of James J. Kim.
Stakeholder Impact
- Shareholders: No direct impact on the company's operations or share price from these estate planning transfers, though they represent a change in the indirect holding structure of a significant owner.
Key Dates
| Date | Description |
|---|---|
| 2024-08-05 | Date of the 2024 Grantor Retained Annuity Trust of Agnes C. Kim. |
| 2024-08-30 | Date of the Agnes C. Kim Revocable Trust. |
| 2025-11-24 | Date of a previous Form 4 filing where 705,000 shares were inadvertently reported as indirect holdings. |
| 2025-12-19 | Date of distribution of 2,538,000 shares by Agnes C. Kim and 3,244,594 shares by James J. Kim to respective grantor retained annuity trusts. |
| 2025-12-23 | Signature date of the current Form 4 filing. |
Recommendation
holdThe filing details insider stock transfers to grantor retained annuity trusts for estate planning purposes. These transactions are not indicative of a change in the company's operational performance or future prospects. As such, they do not provide a basis for altering an existing investment recommendation.
Keywords
Amkor Technology, AMKR, Form 4, Insider Transaction, Stock Transfer, Grantor Retained Annuity Trust, Estate Planning, Beneficial Ownership, Agnes C. Kim, James J. Kim
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