Form 4: Amplify Energy Corp. Executive Dulany Reports Stock Transactions
SEC Form 4
Eric Edward Dulany, Vice President & CAO of Amplify Energy Corp., reports the acquisition and disposal of company stock and restricted stock units on July 1, 2024.
Summary
- On July 1, 2024, Eric Edward Dulany, Vice President & CAO of Amplify Energy Corp., reported transactions involving the company's stock.
- Dulany acquired 9,706 shares of common stock upon the vesting of restricted stock units.
- Dulany disposed of 3,820 shares of common stock at a price of $6.78.
- Following these transactions, Dulany directly owns 26,797 shares of common stock.
- Dulany also holds 47,324 restricted stock units.
- These restricted stock units vest over a three-year period, contingent upon continued employment with the company.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard SEC filing reporting insider transactions.
Future Outlook
The restricted stock units vest over a three-year period, contingent upon continued employment.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- Shareholders are informed about insider transactions, promoting transparency.
- Employees holding similar equity grants may be interested in the vesting schedule and potential value.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of stock and restricted stock unit transactions. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
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