Amkor Technology Form 4: Kim Family Entity Boosts Holding by 441K Shares
Rhea-AI Filing Summary
Form 4 filing for Amkor Technology (AMKR) discloses that Sujoda Investments, LP—an entity affiliated with the Kim family group—received 441,589 shares of AMKR common stock on 1-Aug-2025. The shares were transferred at a stated price of $21.85 per share and are coded “P,” indicating a purchase/distribution under Section 16 rules.
Following the transaction, Sujoda’s direct holdings rose to 3,789,479 shares. The filing states that the distribution was made by James J. Kim to Sujoda pursuant to an intra-family agreement; Sujoda’s general partner is Sujoda Management, LLC. The filing also clarifies that Sujoda does not concede beneficial ownership of securities held by other members of the Kim family group.
No derivative securities were reported, and no 10b5-1 trading plan was indicated. The change increases Sujoda’s position by roughly 13% versus its immediately prior holding, modestly tightening insider ownership concentration but without altering control status.
Positive
- Increased insider ownership may signal continued confidence and long-term alignment by the founding Kim family.
Negative
- None.
Insights
TL;DR: Insider entity adds 441k AMKR shares, raising stake to 3.79 M; transaction appears intra-family and not open-market.
The filing shows additional accumulation by the Kim family group, historically the company’s largest shareholder. Although labeled code “P,” the narrative describes a family distribution rather than a market purchase, so no immediate cash inflow/outflow for the issuer. Still, the net effect is a higher concentrated holding under Sujoda Investments. Such transfers are generally neutral to fundamentals but signal continued long-term alignment by the founding family. With no sale disclosed, the market should not view this as insider selling pressure. There is minimal short-term valuation impact; however, sustained high insider ownership can influence governance dynamics.
TL;DR: Governance impact limited; intra-group shift keeps insider control stable.
The Kim family already exerts significant influence over Amkor. Moving 441,589 shares from James J. Kim to Sujoda reallocates, but does not dilute, that influence. The filing’s disclaimer that Sujoda is not admitting group beneficial ownership maintains existing Section 13D interpretations. No Board changes or voting agreements accompany the transfer, so governance risk profile remains unchanged. Investors should monitor cumulative insider holdings, now incrementally higher under Sujoda, for any future control transactions or potential liquidity events.