Form 4: MaryFrances McCourt Reports Acquisition of Dividend Equivalent Units in Amkor Technology
SEC Form 4 Filing
Director MaryFrances McCourt reports the acquisition of dividend equivalent units related to restricted stock units in Amkor Technology on April 1, 2024.
Summary
- MaryFrances McCourt, a director of Amkor Technology, Inc. [AMKR], reported a transaction on April 1, 2024.
- The transaction involved the acquisition of 20.9884 dividend equivalent units (DEUs) related to time-vested restricted stock units (RSUs).
- These DEUs accrued upon Amkor Technology's payment of a dividend on April 1, 2024.
- Each DEU represents an additional RSU subject to the same provisions as the original RSU.
- Following the reported transaction, McCourt directly owns 8,571.0421 derivative securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of interests between the director and the company.
Positives
- The acquisition of dividend equivalent units indicates continued investment and alignment with the company's performance.
Industry Context
This filing is a routine disclosure related to insider transactions and dividend accruals, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the transaction: acquisition of dividend equivalent units. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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