Amkor (NASDAQ: AMKR) CEO sells 12,500 shares following RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amkor Technology President and CEO Kevin K. Engel reported a mix of equity award activity and share sales. On February 24, 2026, he exercised 910 restricted stock units into 910 shares of common stock at $0.00 per share. To cover tax obligations from this vesting, 372 shares were withheld by Amkor at a reported price of $48.53 per share, with the company paying the related taxes on his behalf. Engel also executed an open-market sale of 12,500 shares of common stock at a reported price of $48.75 per share, with actual trades occurring between $48.73 and $48.81. After these transactions, he directly owned 2,953 shares of Amkor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,500 shares ($609,375)
Net Sell
4 txns
Insider
Engel Kevin K.
Role
President and CEO
Sold
12,500 shs ($609K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 910 | $0.00 | -- |
| Exercise | Common Stock | 910 | $0.00 | -- |
| Tax Withholding | Common Stock | 372 | $48.53 | $18K |
| Sale | Common Stock | 12,500 | $48.75 | $609K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 15,825 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 24, 2022 (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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $48.73 to $48.81. The Reporting Person hereby undertakes to provide, upon request, to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4. Represents shares of the Issuer's common stock underlying time-vested RSUs on 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 a service provider of the Issuer and vested in four equal annual installments beginning on the first anniversary of the Grant Date.
FAQ
What insider transactions did Amkor (AMKR) CEO Kevin Engel report?
Kevin Engel reported RSU vesting, tax-share withholding, and an open-market sale. He exercised 910 restricted stock units, had 372 shares withheld to cover taxes, and sold 12,500 common shares in the open market, all on February 24, 2026.
What equity award activity did Amkor (AMKR) disclose for its CEO?
Amkor disclosed vesting and settlement of time-vested restricted stock units for its CEO. Engel converted 910 RSUs into common shares granted under the 2021 Equity Incentive Plan, with the RSUs originally awarded in 2022 and vesting in four equal annual installments.