Amkor Insider Update: Sujoda Gets 441k Shares in Family Transfer
Rhea-AI Filing Summary
Form 4 highlights: On 08/01/2025 Sujoda Investments, LP—controlled by Sujoda Management, LLC, a member of the Kim 10%-owner group—received 441,589 AMKR common shares at an implied $21.85 per share (≈ $9.7 m). The transfer was coded “P,” but the footnote clarifies it was an in-family distribution from James J. Kim rather than an open-market buy. After the transaction, Sujoda Investments’ indirect stake rose to 3,789,479 shares.
The reporting entity elects to treat all Sujoda Investments shares as beneficially owned, yet expressly disclaims beneficial ownership beyond its pecuniary interest. No derivative positions were reported.
Takeaway for investors: The filing increases transparency around the Kim family’s internal reallocation of a sizable position (~1.7 % of AMKR’s 264 m shares outstanding). While it signals continued concentrated insider ownership, the non-cash nature of the transfer limits immediate market impact.
Positive
- 441,589-share insider acquisition increases Sujoda Investments’ indirect stake to 3.79 m shares, reinforcing high insider ownership alignment.
Negative
- None.
Insights
TL;DR: Internal share transfer boosts Sujoda’s stake; neutral for AMKR fundamentals.
The 441.6 k-share distribution, though valued near $10 m, is a zero-sum shift inside the Kim family group. No cash leaves or enters Amkor, and the transaction does not alter share count or company liquidity. Insider accumulation can be viewed positively for alignment, but here it reflects estate/partnership structuring rather than a conviction buy. Given Amkor’s 3-month ADV of ~800 k shares, the stake size is material but the nature of the transfer is unlikely to influence trading dynamics or valuation.
TL;DR: Filing maintains Rule 16 compliance; no new control implications.
Sujoda Management remains part of the disclosed 10 % owner group; the updated indirect holdings keep collective ownership levels largely unchanged. The disclaimer of beneficial ownership beyond pecuniary interest is standard and prevents unintended control attributions. Overall, the event is administrative—important for transparency but not impactful to governance risk or voting power dynamics.