Faust Megan 4
Research Summary
AI-generated summary
Amkor (AMKR) CFO Megan Faust Sells 1,000 Shares
What Happened
Megan Faust, Chief Financial Officer of Amkor Technology (AMKR), sold 1,000 shares on May 19, 2026, at $64.60 per share for total proceeds of $64,600. The sale was reported on a Form 4 filed May 20, 2026. This was a disposition (sale), which is often routine; the transaction was executed pursuant to a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-05-19
- Report filed: 2026-05-20 (timely)
- Type: Sale (code S) — reported as "open market or private sale"
- Price per share: $64.60; Total proceeds: $64,600
- Footnote: Sale effected under a Rule 10b5-1 plan adopted Feb 17, 2026
- Shares owned after transaction: Not specified in the provided filing excerpt
- No indication this filing was late
Context
10b5-1 plans allow insiders to sell pre-scheduled amounts regardless of short-term views; such sales do not necessarily reflect current sentiment about the company. For retail investors, purchases typically carry more informational weight than routine sales, though tracking insider activity over time can still be useful.