Form 4: James J. Kim Reports Gift Transfers of Amkor Technology Stock to Grantor Annuity Trusts

James J. Kim, a director and member of a 10% owner group of Amkor Technology, Inc., reported gifting a total of 3,800,000 shares of common stock to two grantor annuity trusts on August 8, 2024.

Summary

• On August 8, 2024, James J. Kim reported the transfer of 2,200,000 shares of Amkor Technology, Inc. common stock to the 2024 Grantor Annuity Trust of James J. Kim.
• Agnes C. Kim, spouse of James J. Kim, transferred 1,600,000 shares of Amkor Technology, Inc. common stock to the 2024 Grantor Retained Annuity Trust of Agnes C. Kim on the same date.
• The reporting person disclaims beneficial ownership of certain securities except to the extent of their pecuniary interest.
• The reporting person is a trustee of various trusts that hold shares of the Issuer's Common Stock.
• 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transfers, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transfers by a company insider and does not necessarily indicate a change in the company's outlook or performance.

Stakeholder Impact

• The stock transfers may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.

Key Dates