Form 4: John T. Kim Reports Changes in Beneficial Ownership of Amkor Technology Stock
SEC Form 4
John T. Kim, a director and member of a 10% owner group of Amkor Technology, reports a distribution of 274,000 shares and clarifies beneficial ownership of millions of shares held through various entities.
Summary
- On January 17, 2025, James J. Kim 2021 Qualified Annuity Trust distributed 274,000 shares of Amkor Technology, Inc. common stock to John T. Kim.
- Following this transaction, Kim directly owns 4,029,736 shares.
- Kim also indirectly owns shares through various entities, including GRATs (2,100,000 shares), family trusts (9,121,944 shares), Kim Capital Partners KCP, LLC (16,710,668 shares), Sujochil, LP (19,484,809 shares), Sujoda Investments, LP (2,478,325 shares), and 915 Investments, LP (39,594,980 shares).
- Kim disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest.
- Kim is a trustee, manager, or general partner of these entities.
- Kim was appointed general partner of 915 Investments, LP on September 20, 2024, which was not reportable as a transaction.
Sentiment
Score: 5
Explanation: This is a routine filing related to changes in beneficial ownership, with no inherently positive or negative implications for the company's performance.
Key Dates
| Date | Description |
|---|---|
| 12/15/2021 | Date of the James J. Kim 2021 Qualified Annuity Trust U/A |
| 09/20/2024 | John T. Kim appointed general partner of 915 Investments, LP |
| 01/17/2025 | Distribution of 274,000 shares of AMKR stock to John T. Kim |
| 01/22/2025 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.