Form 4: Amkor Technology Insider Transaction: David D. Kim Reports Share Distribution

Sentiment:

SEC Form 4 Filing


David D. Kim, a member of a 10% owner group of Amkor Technology, Inc., reports the distribution of 869,565 shares to Sujoda Investments, LP and disclaims beneficial ownership except to the extent of his pecuniary interest.

Summary

  • On February 24, 2025, James J. Kim distributed 869,565 shares of Amkor Technology (AMKR) common stock to Sujoda Investments, LP.
  • The transaction occurred at a price of $21.85 per share.
  • David D. Kim, as a member of Sujoda Management, LLC (the general partner of Sujoda Investments, LP), is reporting the transaction.
  • Kim also reports beneficial ownership of 8,746 shares directly and 2,698,513 shares held in family trusts.
  • Kim disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing reporting a share distribution. It doesn't inherently convey positive or negative sentiment.

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

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders and large shareholders.

Related Party Transactions

  • The distribution of shares from James J. Kim to Sujoda Investments, LP is a related party transaction, as it involves members of the Kim family group.

Stakeholder Impact

  • The transaction itself is unlikely to have a significant impact on stakeholders, as it is a transfer of shares between related parties.
  • However, the disclosure provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
02/24/2025Date of the share distribution transaction.
02/26/2025Date of the Form 4 filing.

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