Form 4: Amphastar Pharmaceuticals Executive Yakob Liawatidewi Reports Stock Disposals to Cover Tax Obligations

Yakob Liawatidewi, EVP Corp Admin Center at Amphastar Pharmaceuticals, reported disposing of shares to cover tax liabilities related to vesting restricted stock units.

Summary

• On March 15, 2024, Yakob Liawatidewi disposed of 1,027 shares of Amphastar Pharmaceuticals common stock at a price of $43.05 to cover tax liabilities.
• On March 16, 2024, 1,671 shares were disposed of for the same reason and at the same price.
• On March 17, 2024, a further 1,726 shares were disposed of at $43.05.
• Following these transactions, Liawatidewi directly owns 74,778 shares of common stock and indirectly owns 2,459 shares through the Yakob and Sunmoon Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes, which is a common practice and doesn't necessarily reflect a change in the executive's outlook on the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.

Key Dates