Form 4: Amphastar Pharmaceuticals Director Floyd F. Petersen Sells 3,000 Shares

Director Floyd F. Petersen of Amphastar Pharmaceuticals sold 3,000 shares of common stock at a weighted average price of $46.4724 on September 5, 2024.

Summary

• On September 5, 2024, Floyd F. Petersen, a director of Amphastar Pharmaceuticals, Inc., sold 3,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $46.4724 per share.
• Following the transaction, Petersen directly owns 75,409 shares of Amphastar Pharmaceuticals' common stock.
• The reporting person has undertaken to provide full information regarding the number of shares sold at each separate price upon request.

Sentiment

Score: 5

Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a negative outlook, as it could be for personal financial reasons. It's a routine disclosure.

Industry Context

This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares involved.

Key Dates