Haghighi Farshad 4
Research Summary
AI-generated summary
Amkor EVP Farshad Sells 15,624 Shares
What Happened
- Farshad Haghighi, Executive Vice President of Amkor Technology (AMKR), had 1,814 RSUs convert to common stock on Feb 24, 2026 (derivative conversion). Of those, 815 shares were withheld to satisfy tax withholding obligations (valued at $48.53/share; ~$39,552). On Feb 25, 2026 he sold 15,624 shares in an open-market transaction at $50.50/share, generating proceeds of about $789,012.
- Overall this series of actions reflects RSU vesting (conversion into shares), tax withholding via share retention, followed by an open-market sale of shares — a routine liquidity event rather than a purchase.
Key Details
- Transaction dates & prices:
- Feb 24, 2026: RSU conversion (1,814 shares) reported as exercise/conversion (code M) at $0.00 per share.
- Feb 24, 2026: 815 shares withheld for taxes (code F) at $48.53/share; $39,552 value.
- Feb 25, 2026: Open-market sale (code S) of 15,624 shares at $50.50/share; ~$789,012 proceeds.
- Shares owned after transaction: Not specified in the provided Form 4.
- Footnotes: Shares withheld represent tax withholding on RSU vesting; issuer (Amkor) pays these taxes on Farshad’s behalf. The RSUs were time‑vested awards granted Feb 24, 2022 that vest in four equal annual installments.
- Timeliness: Form 4 was filed Feb 26, 2026 for transactions on Feb 24–25, 2026 — appears timely (within the standard reporting window).
Context
- This was a conversion of vested RSUs and subsequent sale of shares (a common cashless exercise/monetization of equity compensation). Such transactions are typically routine liquidity events tied to compensation vesting and withholding, not direct purchases indicating bullish insider conviction.