Form 4: Amplify Energy Corp. Executive Dulany Sells 6,000 Shares
SEC Form 4 Filing
Eric Edward Dulany, Vice President & CAO of Amplify Energy Corp., sold 6,000 shares of common stock at an average price of $7.0329 on August 12, 2024.
Summary
- On August 12, 2024, Eric Edward Dulany, the Vice President & CAO of Amplify Energy Corp., sold 6,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $7.0329 per share.
- The prices for individual transactions ranged from $7.01 to $7.07.
- Following the transaction, Dulany directly owns 20,797 shares of Amplify Energy Corp.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Insider sales are a common occurrence and are often scrutinized by investors for insights into management's perspective on the company's future prospects. However, they can be for a variety of reasons including diversification, tax planning, or personal expenses.
Stakeholder Impact
- Shareholders may react to the insider sale, potentially affecting the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock sale transaction |
| 08/13/2024 | Date of Form 4 filing |
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