[Form 4] Amkor Technology Inc Insider Trading Activity

Rhea-AI Filing Summary

Form 4 – Carvana Co. (CVNA) filed 01-Aug-2025 shows CEO, Director and 10% owner Ernest C. Garcia III sold Class A shares through two family trusts.

• Total shares sold: 2,700 on 31-Jul-2025.
• Price range: $396.78-$412.77; estimated proceeds ≈ $1.1 million.
• Post-sale holdings: 591,440 shares in the Ernest Irrevocable 2004 Trust III and 691,440 shares in the Multi-Generational Trust III (≈1.28 million combined).
• Sales were executed under a Rule 10b5-1 plan adopted 13-Dec-2024.

No derivatives were traded, and Garcia remains a >10% shareholder. The disposals equal roughly 0.21% of his indirect stake, suggesting limited impact on control but offering a minor sentiment signal for investors monitoring insider activity.

Positive

• Sales executed under a disclosed Rule 10b5-1 plan, limiting concerns about opportunistic trading.
• CEO retains approximately 1.28 million shares, maintaining significant long-term alignment with shareholders.

Negative

• CEO/10% owner sold 2,700 shares worth about $1.1 million, which some investors may interpret as a bearish signal.
• Multiple sales clustered near all-time-high price levels could raise questions on valuation sustainability.

Insights

Securities Analyst

TL;DR: Small 10b5-1 sales by CVNA CEO; immaterial to ownership, modestly negative sentiment.

The 2,700-share disposal (~$1.1 M) is de-minimis relative to Garcia’s remaining 1.28 M indirect shares and likely has negligible effect on voting power or float. Because the trades were pre-scheduled, they carry less adverse signalling than discretionary sales. Still, investors often view any CEO selling, particularly near record prices (~$400+), as a modest bearish data point. With earnings forthcoming, I classify the filing as informational, not fundamentally thesis-changing.

Corporate Governance Analyst

TL;DR: Pre-arranged sale complies with governance best practice; impact neutral.

Use of a 10b5-1 plan illustrates adherence to insider-trading safeguards, reducing litigation risk. The trusts’ transparent reporting and ongoing large holdings suggest continued alignment with minority shareholders. No red flags on control or commitment emerge from this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KIM JAMES J

(Last) (First) (Middle)

C/O SIANA CARR O'CONNOR & LYNAM

1500 EAST LANCASTER AVENUE

(Street)

PAOLI PA 19301-9713

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMKOR TECHNOLOGY, INC. [ AMKR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 10% owner group (4)

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/30/2025		G		2,711,000	A	$0	2,782,828(1)	D
Common Stock	07/30/2025		G		1,738,000	A	$0	1,833,000(2)(3)	I	By Spouse
Common Stock								7,828,682(3)(4)	I	By John T. Kim Family Trust U/A dtd. 12/11/12
Common Stock								1,957,350(3)(4)	I	By John T. Kim G-S Trust dtd. 12/11/12
Common Stock								164,678(3)(4)	I	By self as Trustee of Trust U/A dtd. 12/11/12

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On July 30, the 2023 Grantor Retained Annuity Trust of James J. Kim Dated 4/26/2023 distributed 2,711,000 of the Common Stock of Amkor Technology, Inc. (the "Issuer") to the Reporting Person.

2. On July 30, 2025, the 2023 Grantor Retained Annuity Trust of Agnes C. Kim Dated 4/26/2023 distributed 1,738,000 shares of the Issuer's Common Stock to Agnes C. Kim, the spouse of the Reporting Person.

3. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of the Reporting Person's pecuniary interest therein, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose.

4. The Reporting Person is (i) a trustee of trusts for the benefit of his immediate family members which own 9,786,032 shares of the Issuer's Common Stock and (ii) a trustee of a trust which is a controlling member of a limited liability company being treated as a corporation for purposes of Section 16, which limited liability company holds 164,678 shares of the Issuer's Common stock. Pursuant to the Form 4 instructions, the Reporting Person is being treated as having a pecuniary interest in all of such shares.

Remarks:

(5) The Reporting Person states that the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities owned by the other members of the group, for the purpose of Section 16, or for any other purpose.

	/s/ Brian D. Short, Attorney-in-Fact for James J. Kim	08/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Carvana (CVNA) shares did CEO Ernest Garcia III sell?

He sold 2,700 Class A shares on 31-Jul-2025 through two family trusts.

What was the price range of the CVNA insider sales?

Volume-weighted average prices ranged from $396.78 to $412.77.

Does Garcia still own Carvana shares after the sale?

Yes, he indirectly owns ≈1.28 million shares across two trusts.

Was the sale under a 10b5-1 trading plan?

Yes. The plan was adopted on 13-Dec-2024, providing affirmative-defense protection.

Is the insider sale material to Carvana’s control structure?

No. The disposal represents only ~0.21% of Garcia’s reported indirect holdings.