Form 4: Amkor Technology Insider Transaction: Susan Y. Kim Reports Share Distribution
SEC Filing
Susan Y. Kim, a director and member of a 10% owner group of Amkor Technology, Inc., reported the distribution of 869,565 shares of common stock to Sujoda Investments, LP on February 24, 2025.
Summary
- On February 26, 2025, Susan Y. Kim filed a Form 4 with the SEC, reporting a transaction involving Amkor Technology, Inc. (AMKR) common stock.
- The transaction involved the distribution of 869,565 shares of AMKR common stock by James J. Kim to Sujoda Investments, LP on February 24, 2025, at a price of $21.85 per share.
- Susan Y. Kim is a director and member of a 10% owner group of Amkor Technology, Inc.
- Kim also has indirect beneficial ownership of shares through various trusts, limited partnerships, and a limited liability company.
- Kim disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
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 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership structure and activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
- Similar filings are made by insiders at companies like Texas Instruments (TXN) and Intel (INTC) when they engage in transactions involving their company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects changes in insider ownership.
- The filing provides transparency to stakeholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: James J. Kim distributed 869,565 shares of AMKR common stock to Sujoda Investments, LP. |
| 02/26/2025 | Date of Form 4 filing by Susan Y. Kim. |
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