Amkor (NASDAQ: AMKR) CFO reports RSU vesting and shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amkor Technology CFO Megan Faust reported RSU vesting and related share transactions. On February 20, 2026, restricted stock units converted into common stock in multiple exercises, including 16,805 and 18,106 RSUs. The resulting common shares increased her direct ownership.
To cover tax withholding obligations tied to these vestings, the company withheld 7,201 and 7,759 shares of common stock at a price of $47.94 per share, described as tax-withholding dispositions rather than open-market sales. After these transactions, Faust continued to hold common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,911 shares exercised/converted
Mixed
6 txns
Insider
Faust Megan
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,805 | $0.00 | -- |
| Exercise | Restricted Stock Units | 18,106 | $0.00 | -- |
| Exercise | Common Stock | 16,805 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,201 | $47.94 | $345K |
| Exercise | Common Stock | 18,106 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,759 | $47.94 | $372K |
Holdings After Transaction:
Restricted Stock Units — 16,810 shares (Direct);
Common Stock — 124,029 shares (Direct)
Footnotes (1)
- 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 20, 2024 (the "2024 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. The transaction represents shares withheld by the Issuer in connection with the vesting of certain RSUs granted to the Reporting Person on February 20, 2025 (the "2025 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. Represents shares of the Issuer's common stock underlying time-vested RSUs on the 2024 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 three equal annual installments beginning on the first anniversary of the 2024 Grant Date and annually thereafter, such that 100% will be vested on the third anniversary of the 2024 Grant Date. Represents shares of the Issuer's common stock underlying time-vested restricted stock units granted on the 2025 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 three equal annual installments beginning on the first anniversary of the 2025 Grant Date and annually thereafter, such that 100% will be vested on the third anniversary of the 2025 Grant Date.
FAQ
What insider activity did Amkor Technology (AMKR) report for CFO Megan Faust?
Amkor Technology reported that CFO Megan Faust had restricted stock units vest and convert into common shares, with some shares withheld to cover tax obligations. These transactions were primarily derivative exercises and tax-withholding dispositions under the company’s equity incentive plan.
How many Amkor (AMKR) restricted stock units did Megan Faust have vest?
Megan Faust had restricted stock units vest in separate blocks, including 16,805 and 18,106 RSUs that converted into Amkor common stock. These RSUs were granted under the company’s equity incentive plan as compensation for her service as an officer.