Form 4: Amplify Energy Corp. Director Christopher W. Hamm Reports Changes in Beneficial Ownership

Director Christopher W. Hamm reports acquisition and disposal of Amplify Energy Corp. stock and restricted stock units.

Summary

• On July 1, 2024, Christopher W. Hamm, a director of Amplify Energy Corp., reported changes in beneficial ownership.
• Hamm acquired 26,708 shares of common stock upon settlement of previously awarded restricted stock units.
• Following the transaction, Hamm directly owns 167,371 shares of common stock.
• Hamm also acquired 27,531 unvested restricted stock units (TSUs) under the Amplify Energy Corp. 2024 Equity Incentive Plan, which vest on the first anniversary of the grant date.
• These TSUs convert into common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It reflects routine transactions and does not inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares through restricted stock unit settlement indicates confidence in the company's future.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The transactions may provide stakeholders with insights into the director's confidence in the company.

Key Dates