Form 4: Amplify Energy Corp. Director James E. Craddock Reports Acquisition of Common Stock and Restricted Stock Units

Director James E. Craddock reports acquisition of common stock and restricted stock units in Amplify Energy Corp.

Summary

• On July 1, 2024, James E. Craddock, a director of Amplify Energy Corp., reported transactions involving the company's securities.
• Craddock acquired 24,892 shares of common stock upon settlement of previously awarded restricted stock units (TSUs).
• Additionally, Craddock was granted 19,665 unvested TSUs under the Amplify Energy Corp. 2024 Equity Incentive Plan.
• These TSUs vest on the first anniversary of the grant date, contingent on Craddock remaining a board member through the vesting date.
• The TSUs convert into common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of TSUs is contingent on continued service as a board member.

Industry Context

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

Key Dates