Form 4: Amplify Energy Corp. Executive Reports Stock Transactions

Anthony William Lopez, SVP at Amplify Energy Corp., reports acquisition and disposal of common stock and restricted stock units.

Summary

• On February 1, 2025, Anthony William Lopez, a Senior Vice President at Amplify Energy Corp., filed a Form 4 detailing changes in beneficial ownership.
• Lopez acquired 26,094 shares of common stock upon settlement of previously awarded restricted stock units.
• He also disposed of 10,269 shares to cover tax obligations at a price of $5.34 per share.
• Additionally, Lopez was granted 37,794 new restricted stock units (TSUs) and 37,794 performance stock units (PSUs) under the company's equity incentive plans.
• Following these transactions, Lopez directly owns 140,421 shares of common stock, 65,641 TSUs, and 88,262 PSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation. There are no explicit positive or negative signals about the company's performance.

Positives

• The granting of new TSUs and PSUs aligns the executive's interests with the company's performance and long-term growth.

Future Outlook

The reported TSUs and PSUs vest over a three-year period, contingent on continued employment and, in the case of PSUs, the achievement of certain performance goals.

Industry Context

Form 4 filings are standard practice for corporate insiders and provide transparency into their trading activities, which can be indicative of their confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Common Stock, Amplify Energy Corp., Transactions, Equity Incentive Plan, PSUs, TSUs