Amkor (AMKR) Insider Ownership Rises After 38 RSU Dividend Equivalent
Rhea-AI Filing Summary
Amkor Technology, Inc. (AMKR) – Form 4 filing
Director Gil C. Tily reported the automatic acquisition of 38.5269 restricted stock units (RSUs) on 25 June 2025. The RSUs were issued as dividend equivalent units (DEUs) linked to previously granted, time-vested RSUs dated 15 May 2025. Each DEU carries the same vesting conditions as the underlying award and was credited at no cash cost to the insider (price $0).
Following this routine dividend accrual, Tily’s total beneficial ownership increased to 9,827.5269 RSUs, held in direct form. No common shares were sold, and no option-like derivatives were exercised or disposed.
The transaction represents a 0.4% incremental increase to the insider’s existing RSU position and appears administrative rather than strategic. No immediate cash outlay was made, and there is no indication of market purchase or sale activity under Rule 10b5-1. Overall market impact is expected to be immaterial due to the small size relative to Amkor’s ~247 million outstanding shares.
Positive
- Incremental insider ownership increase through additional RSUs, enhancing director–shareholder alignment albeit modestly.
Negative
- None.
Insights
TL;DR: Routine dividend-linked RSU credit; immaterial but mildly positive as it increases insider alignment.
The filing discloses a non-cash credit of 38.5269 RSUs to Director Gil C. Tily, stemming from Amkor’s June 25 dividend. Such DEUs merely maintain the economic value of existing awards after dividend distribution and do not reflect an active buy decision. Post-transaction holdings stand at 9,827.5269 RSUs, a de-minimis stake versus the company’s float, so liquidity and control metrics remain unchanged. While incremental insider ownership is generally viewed positively for alignment, the magnitude is too small to carry valuation weight. I categorize the impact as neutral to slightly positive for sentiment but not material for investors’ models.