Form 4: Amplify Energy Director Christopher Hamm Increases Stake with Significant Pre-Planned Share Purchase

Amplify Energy Corp. Director Christopher W. Hamm reported a pre-planned acquisition of 77,176 shares of common stock, set to occur on June 18, 2025, increasing his beneficial ownership to 244,547 shares.

Summary

• Christopher W. Hamm, a Director of Amplify Energy Corp. (AMPY), reported a transaction involving the company's common stock.
• The transaction is a purchase (P) of 77,176 shares of Common Stock, par value $0.01 per share.
• The transaction date is specified as June 18, 2025.
• The shares were acquired at a weighted average purchase price of $3.67 per share.
• The purchase price range for the shares was from a low of $3.6250 to a high of $3.7075.
• Following this transaction, Mr. Hamm will beneficially own a total of 244,547 shares of Amplify Energy Corp. common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The purchase of shares by a director indicates confidence in the company's future, which is generally a positive signal for investors, though it represents a single transaction rather than a comprehensive financial report.

Positives

• The purchase of 77,176 shares by a company director, Christopher W. Hamm, signals strong insider confidence in Amplify Energy Corp.'s future prospects and valuation.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned investment strategy rather than a reactive trade, which can suggest a long-term positive outlook.

Negatives

• NA

Risks

• NA

Future Outlook

The reported purchase of shares by a director, Christopher W. Hamm, suggests a positive long-term outlook on Amplify Energy Corp.'s future performance. The transaction is reported to occur on June 18, 2025, indicating a pre-planned acquisition under a Rule 10b5-1 plan, which often reflects a strategic investment decision based on anticipated company performance.

Industry Context

This Form 4 filing reflects an individual insider transaction and does not provide broader industry context. However, insider purchases can sometimes signal management's confidence in the company's position and prospects within its sector, particularly in the energy industry where market conditions can be volatile.

Related Party Transactions

• Christopher W. Hamm, a Director of Amplify Energy Corp., purchased 77,176 shares of the company's common stock, which constitutes a related party transaction due to his insider status.

Stakeholder Impact

• Shareholders: The insider purchase may be viewed positively, signaling management's belief in the company's value and potentially boosting investor confidence.

Next Steps

• NA

Key Dates

Recommendation

Keywords

Amplify Energy Corp, AMPY, Christopher Hamm, Director, Insider Purchase, SEC Form 4, Beneficial Ownership, Stock Acquisition, Rule 10b5-1