Amkor (AMKR) Insider Filing: 4.46M-Share Disposition by Director with Major Indirect Holdings
Rhea-AI Filing Summary
Susan Y. Kim, a director and reported 10% owner of Amkor Technology, Inc. (AMKR), filed a Form 4 disclosing a disposition of 4,456,494 shares on 09/23/2025. The filing details numerous indirect holdings through entities and trusts for which she serves as trustee, general partner or manager, including 19,484,809 shares held by Sujochil, LP, 16,710,668 shares held by an LLC treated as a corporation, 4,418,610 shares held by family trusts (excluding GRATs), 3,800,000 shares held by GRATs, 3,483,000 shares held by GRATs of which she was settlor, and 3,789,479 shares indirectly owned via Sujoda Investments, LP. The filer disclaims beneficial ownership except for her pecuniary interest. The filing also reports dividend equivalent units accrued on 09/23/2025 related to time-vested RSUs granted 05/15/2025.
Positive
- Detailed disclosure of indirect holdings and roles (trustee, general partner, manager) enhances transparency
- Accrual of dividend equivalent units on RSUs is explicitly reported, clarifying compensation-related movements
Negative
- Material disposition of 4,456,494 shares on 09/23/2025 by a director and 10% owner
- Concentrated indirect ownership across multiple entities (e.g., 19,484,809 shares via Sujochil, LP) which could be material to shareholders
Insights
TL;DR: A material insider sale of 4.46 million shares by a director and 10% owner is disclosed; significant indirect holdings remain concentrated.
The Form 4 shows a large, explicit disposition of 4,456,494 shares on 09/23/2025 by Susan Y. Kim while she continues to hold substantial indirect positions through multiple entities and trusts, including a 19.5 million share position via Sujochil, LP and a 16.7 million share position via a manager-controlled LLC. The filing follows Section 16 disclosure norms and includes accrual of dividend equivalent units for RSUs granted 05/15/2025. For investors, the combination of a sizable sale and continued concentrated indirect ownership is material information for assessing insider activity and potential liquidity events.
TL;DR: Disclosure is comprehensive about indirect ownership and includes customary disclaimers of beneficial ownership.
The submission provides detailed footnotes describing trustee, general partner and manager roles that explain why the Reporting Person is treated as having pecuniary interests in multiple large holdings. The filing expressly disclaims beneficial ownership except to the extent of pecuniary interest and documents dividend equivalent units tied to RSUs. The level of detail supports transparency under Section 16, though the simultaneous large disposition and extensive indirect holdings warrant attention from governance and compliance perspectives.