Amkor CEO sells 5,316 shares at $46.03
Amkor Technology President and CEO Kevin K. Engel reported multiple equity transactions.
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Rhea-AI Filing Summary
Amkor Technology President and CEO Kevin K. Engel reported multiple equity transactions. He sold 5,316 shares of common stock in an open-market transaction at $46.03 per share. He also acquired 1,345 shares of common stock through the exercise of restricted stock units, and 559 shares of common stock were withheld to cover tax obligations upon RSU vesting, with the issuer paying those taxes on his behalf.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,316 | $46.03 | $245K |
| Exercise | Restricted Stock Units | 1,345 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,345 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 559 | $47.48 | $27K |
Footnotes (2)
- F1. The transaction represents shares withheld by Amkor Technology, Inc. (the "Issuer") in connection with the vesting of certain restricted stock units ("RSUs") granted to the Reporting Person on February 16, 2023 (the "Grant Date") pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and the related award agreement. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
- F2. On the Grant Date, the Reporting Person was granted 5,567 RSUs which vest in four equal annual installments beginning on the first anniversary of the Grant Date.
FAQ
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What insider transactions did Amkor (AMKR) CEO Kevin K. Engel report?
How were taxes handled on the Amkor (AMKR) CEO’s RSU vesting?
What is the vesting schedule of the Amkor (AMKR) CEO’s RSUs mentioned in the filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.