Haghighi Farshad 4
Research Summary
AI-generated summary
Amkor (AMKR) EVP Farshad Receives Stock Awards; Shares Withheld
What Happened
Farshad Haghighi, Executive Vice President of Amkor Technology (AMKR), had performance-vested restricted stock units (PSUs) vest on Feb 18, 2026 (7,597 shares total) and received a new grant of 18,185 time‑vested restricted stock units (RSUs). To cover tax withholding on the vested PSUs, the issuer withheld 3,659 shares (disposed) at an attributed price of $46.74 per share, totaling about $171,022 (two withholdings: 1,038 shares = $48,516; 2,621 shares = $122,506). The RSUs were awarded for service and will vest in three equal annual installments beginning on the first anniversary of the Feb 18, 2026 grant date.
Key Details
- Transaction date: February 18, 2026; Form 4 filed Feb 20, 2026 (timely filing).
- Award/vesting amounts: 2,003 PSUs (granted Feb 20, 2024) and 5,594 PSUs (granted Feb 20, 2025) vested based on EPS performance for the 2025 year (total vested PSUs = 7,597).
- New grant: 18,185 RSUs granted Feb 18, 2026 (vests 1/3 annually over 3 years).
- Tax withholding: 3,659 shares withheld at $46.74/share to satisfy tax obligations (total ~$171,022). The issuer withheld these shares to cover withholding and will pay the related taxes on behalf of the reporting person (per footnote).
- Shares owned after the transactions: not specified in the provided filing.
Context
These were award/vesting and withholding transactions (codes A and F). The PSUs vested based on a company performance metric (basic EPS), and the withheld shares were used to meet tax obligations — a routine administrative step, not an open‑market sale. New RSUs are time‑vested equity compensation that vests over three years. Such grant/withholding filings are common for executives and do not by themselves indicate a buy/sell signal.