Faust Megan 4
Research Summary
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AMKR CFO Megan Faust Receives RSUs; Sells Shares for Taxes
What Happened Megan Faust, Chief Financial Officer of Amkor Technology (AMKR), had 3,493 restricted stock units (RSUs) convert to common shares on February 24, 2026. The conversion shows an exercise/conversion price of $0.00 (typical for RSUs). To satisfy tax withholding, 1,497 shares were withheld/treated as disposed at $48.53 per share, generating approximately $72,649. The net shares delivered to Ms. Faust from this vesting were 1,996 shares (3,493 vested − 1,497 withheld).
Key Details
- Transaction date: 2026-02-24; Form filed: 2026-02-26 (timely filing).
- Shares converted (RSU settlement): 3,493 shares at $0.00 (code M).
- Shares withheld/sold for taxes: 1,497 shares at $48.53 = $72,649 (code F).
- Net shares retained from the vesting: 1,996 shares. Total shares owned after the transaction are not reported on this Form 4.
- Footnotes: F1 — shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations and the issuer will pay these taxes on behalf of the reporting person. F2 — these shares derive from RSUs granted on Feb 24, 2022 that vest in four equal annual installments (this corresponds to that grant’s vesting).
- Nature of transactions: RSU vesting (acquisition) with a routine tax-withholding disposition; not an open-market sale.
Context
- Code M indicates conversion/exercise of a derivative (here, RSU settlement into shares). The $0.00 per-share conversion price reflects RSUs (no cash exercise cost).
- The only shares disposed were withheld to cover taxes — a routine administrative step that does not equate to an active market sale for investment/liquidity reasons.
- This transaction increases Ms. Faust’s equity position by the net issued shares (1,996) but is a standard employee compensation event rather than a directional purchase or sell signal.