Form 4: Amplify Energy Corp. Director Todd R. Snyder Increases Stake with $95,750 Purchase
SEC Form 4 Filing
Director Todd R. Snyder of Amplify Energy Corp. (AMPY) acquired 25,000 shares of common stock at an average price of $3.83 on March 7, 2025, increasing his direct holdings to 108,416 shares.
Summary
- On March 7, 2025, Todd R. Snyder, a director of Amplify Energy Corp., purchased 25,000 shares of the company's common stock.
- The shares were acquired at an average price of $3.83 per share, with individual prices ranging from $3.75 to $3.94.
- The total value of the purchase was approximately $95,750.
- Following the transaction, Snyder directly owns 108,416 shares of Amplify Energy Corp.
- The purchase was disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC) on March 10, 2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director buying shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's financial health.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider buying is often monitored by investors as an indicator of management's confidence in the company's prospects. It can be a positive signal, especially when compared to insider selling.
Stakeholder Impact
- Shareholders may view the director's stock purchase as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: Todd R. Snyder purchased 25,000 shares of Amplify Energy Corp. common stock. |
| 03/10/2025 | Date of Form 4 filing with the SEC. |
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