Amkor Technology: Douglas Alexander Receives Dividend RSUs – SEC Form 4
Rhea-AI Filing Summary
Form 4 overview: Amkor Technology, Inc. (AMKR) disclosed insider activity by Director Douglas A. Alexander. On 06/25/2025 the director acquired derivative securities in the form of restricted stock units (RSUs) that arose automatically as dividend-equivalent units (DEUs) on previously granted RSUs.
Details of derivative transactions:
- 34.2646 RSUs accrued on the 2022 grant, raising that award's total to 9,180.1509 RSUs.
- 33.3674 RSUs accrued on the 2023 grant, raising that award's total to 8,839.034 RSUs.
- 38.5269 RSUs accrued on the 2025 grant, raising that award's total to 9,827.5269 RSUs.
All three entries are coded “A” (acquired) at a cost of $0 because DEUs are issued in lieu of a cash dividend. Ownership remains direct; no shares were sold or transferred. No common‐stock transactions were reported in Table I, and no other changes in beneficial ownership were disclosed.
Implications for investors: The filing reflects routine dividend reinvestment mechanics rather than an elective purchase or sale. The incremental 106.1589 RSUs (<0.1% of Amkor’s 2024 basic share count) are immaterial to the company’s capital structure and do not signal a change in insider sentiment.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine DEU accrual; neutral signal, no cash outlay, negligible share impact.
The director merely received 106.1589 additional RSUs automatically when Amkor paid its dividend on 06/25/2025. Because DEUs convert into RSUs under the same vesting schedule as the original awards, this transaction neither injects new capital nor reflects discretionary insider buying. No common stock was sold, so float and insider ownership percentages remain virtually unchanged. Given Amkor’s ~245 million shares outstanding, the added units represent less than 0.0001% dilution—far below any material threshold. From a trading perspective, the filing should not influence valuation or liquidity.
TL;DR: Compliance event, confirms proper Section 16 reporting; governance risk unchanged.
The Form 4 demonstrates timely disclosure within the two-business-day rule and properly distinguishes DEUs from cash dividends, aligning with SEC guidance. The attorney-in-fact signature indicates a standing power of attorney, common among large issuers. No red flags—such as late filings or ambiguous transaction codes—appear. Because the RSUs were priced at $0, the event does not raise compensation-design concerns or suggest opportunistic timing. Governance quality and insider alignment metrics for Amkor are therefore unaffected.