Form 4: James J. Kim 2021 Qualified Annuity Trust U/A Dated 12/15/2021 Reports Distribution of Amkor Technology Shares
SEC Form 4 Filing
James J. Kim 2021 Qualified Annuity Trust U/A Dated 12/15/2021 reports the distribution of 548,000 shares of Amkor Technology, Inc. common stock.
Summary
- On January 17, 2025, James J. Kim 2021 Qualified Annuity Trust U/A Dated 12/15/2021 distributed 274,000 shares of Amkor Technology, Inc. common stock to Susan Y. Kim and 274,000 shares to John T. Kim.
- Susan Y. Kim and James J. Kim are co-trustees of the Reporting Person.
- A previous Form 4 filed on January 10, 2025, incorrectly reported a distribution of 790,019 shares; the correct number was 790,097 shares.
- 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 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
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 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Industry Context
This Form 4 filing is a routine disclosure related to changes in beneficial ownership of company stock, which is common for individuals and entities with significant holdings in publicly traded companies like Amkor Technology.
Stakeholder Impact
- The distribution of shares may have a minor impact on the ownership structure of Amkor Technology, but is unlikely to significantly affect stakeholders.
Key Dates
| Date | Description |
|---|---|
| 12/15/2021 | Date of the 2021 Qualified Annuity Trust U/A |
| 01/10/2025 | Date of original Form 4 filing with incorrect share distribution number |
| 01/17/2025 | Date of the share distribution to Susan Y. Kim and John T. Kim |
| 01/22/2025 | Date of the signature on the Form 4 filing |
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