Amkor CEO granted RSUs, PSU awards vest
Amkor Technology President and CEO Kevin K. Engel reported equity compensation activity centered on restricted stock units and performance units.
Rhea-AI Filing Summary
Amkor Technology President and CEO Kevin K. Engel reported equity compensation activity centered on restricted stock units and performance units. On February 18, 2026, he acquired 53,487 and 21,394 restricted stock units, both granted at no cash cost under Amkor’s equity incentive plan.
On the same date, 1,777 and 5,594 shares of common stock vested from performance-based awards tied to a basic earnings per share goal over a one-year period beginning January 1, 2025 and ending December 31, 2025. To cover related tax withholding, 814 and 2,398 common shares were disposed of at $46.74 per share, with the company paying the taxes on Engel’s behalf.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 53,487 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 21,394 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,777 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 814 | $46.74 | $38K |
| Grant/Award | Common Stock | 5,594 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,398 | $46.74 | $112K |
Footnotes (5)
- F1. This Form 4 reports the vesting on February 18, 2026 of 1,777 shares of common stock of Amkor Technology, Inc. (the "Issuer") underlying performance-vested restricted stock units ("PSUs") granted to the Reporting Person on February 20, 2024 pursuant to the Issuer's Equity Incentive Plan, as amended, and the related award agreement. The PSUs vested based on the attainment of a basic earnings per share performance goal over a one-year performance period beginning January 1, 2025 and ending on December 31, 2025.
- F2. The transaction represents shares of the Issuer's common stock withheld by the Issuer in connection with the vesting of PSUs to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
- F3. The transaction represents the vesting on February 18, 2026 of 5,594 shares of common stock of the Issuer's underlying PSUs granted to the Reporting Person on February 20, 2025 pursuant to the Issuer's Equity Incentive Plan, as amended, and the related award agreement. The PSUs vested based on the attainment of a basic earnings per share performance goal over a one-year performance period beginning January 1, 2025 and ending on December 31, 2025.
- F4. Represents shares of the Issuer's common stock underlying time-vested restricted stock units granted on February 18, 2026 (the "Grant Date") pursuant to the Issuer's Equity Incentive Plan (the "RSUs"). The RSUs were awarded for no consideration other than the Reporting Person's service as an officer of the Issuer and will vest in three equal annual installments beginning on the first anniversary of the Grant Date and annually thereafter, such that 100% will be vested on the third anniversary of the Grant Date.
- F5. Represents shares of the Issuer's common stock underlying time-vested RSUs granted on February 18, 2026 (the "Grant Date") pursuant to the Issuer's Equity Incentive Plan. The RSUs were awarded for no consideration other than the Reporting Person's service as an officer of the Issuer and will vest in two equal annual installments beginning on December 31, 2026 such that 100% will be vested on December 31, 2027.
FAQ
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What did Amkor (AMKR) CEO Kevin Engel report in this Form 4?
How many restricted stock units did Amkor (AMKR) grant to its CEO?
What performance condition triggered Kevin Engel’s PSU vesting at Amkor (AMKR)?
How will the new Amkor (AMKR) RSU awards to the CEO vest over time?
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