Insider Update: Amkor Director Gains 1.74M Shares, No Sales Reported
Rhea-AI Filing Summary
Amkor Technology, Inc. (AMKR) – Form 4 insider filing (31 July 2025): Director and officer Agnes C. Kim reported receiving 1,738,000 AMKR common shares on 30 Jul 2025 via distribution from her 2023 Grantor Retained Annuity Trust (Code G – gift/GRAT distribution). Her direct ownership rose to 1,833,000 shares.
In a parallel GRAT distribution, 2,711,000 shares were transferred to Ms. Kim’s spouse, James J. Kim; she reports indirect beneficial ownership of 12,731,870 shares held by the spouse.
No cash consideration was paid ($0 price), and no shares were sold. The filing reflects internal family estate-planning transfers rather than open-market buying. Nonetheless, the Kim family’s aggregate stake increased in reported direct holdings, reinforcing its sizable insider position.
Positive
- No shares were sold; transactions increase reported direct and indirect insider holdings.
- 4.45 million shares added to Kim family’s disclosed stake, underscoring long-term alignment with shareholders.
Negative
- Transfers are GRAT distributions, not open-market purchases, so they do not represent new capital commitment.
- Event is estate-planning driven and may have limited signaling value for operating outlook.
Insights
TL;DR: Large GRAT distributions add 4.45 m shares to Kim family’s reported holdings; no selling pressure signaled.
The Kim family, long-time controlling insiders, shifted 1.74 m shares to Agnes C. Kim and 2.71 m shares to spouse James J. Kim. Because the transfers are coded “G,” they stem from pre-established estate-planning GRATs, not market purchases, so they don’t convey incremental cash commitment. Still, the absence of dispositions implies neutral-to-slightly-positive sentiment: insiders are not selling and remain heavily invested (≈14.6 m shares combined). For liquidity-watchers, the move does not add float and should have minimal near-term price impact.