Form 4: Amplify Energy Director Deborah Adams Reports Significant Equity Transactions

Amplify Energy Corp. Director Deborah G. Adams reported the settlement of 19,665 restricted stock units into common stock and the acquisition of 36,459 new unvested restricted stock units on July 1, 2025.

Summary

• Deborah G. Adams, a Director of Amplify Energy Corp. (AMPY), reported equity transactions on July 1, 2025.
• 19,665 shares of common stock were acquired upon the settlement of previously awarded restricted stock units (TSUs).
• Following this transaction, Deborah G. Adams directly beneficially owns 81,626 shares of common stock.
• Additionally, 36,459 new unvested restricted stock units (TSUs) were granted under the Amplify Energy Corp. 2024 Equity Incentive Plan.
• These new TSUs vest on the first anniversary of the grant date, provided the reporting person remains a member of the board of directors.
• The TSUs convert into common stock on a one-for-one basis.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The filing reports routine equity compensation transactions for a director, including the settlement of vested units and the grant of new unvested units. This is generally a neutral to slightly positive event as it aligns director interests with shareholders, but it does not contain new operational or financial performance data.

Positives

• The settlement of 19,665 restricted stock units into common stock indicates a vesting event, reflecting past performance or continued service.
• The grant of 36,459 new unvested restricted stock units aligns the director's interests with long-term shareholder value through future vesting conditions.
• The use of a Rule 10b5-1(c) plan indicates a pre-arranged transaction, reducing concerns about insider trading based on non-public information.

Risks

• The vesting of the newly granted 36,459 restricted stock units is contingent upon the reporting person remaining a member of the board of directors through the first anniversary of the grant date, introducing a service-based condition.

Future Outlook

The grant of new restricted stock units under the Amplify Energy Corp. 2024 Equity Incentive Plan indicates a continued strategy of using equity-based compensation to incentivize directors, with vesting contingent on continued service through the first anniversary of the grant date.

Industry Context

This transaction is a routine insider transaction for a director, common across publicly traded companies in the energy sector and other industries, reflecting standard equity compensation practices designed to align management and director interests with shareholder value.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a form of director compensation, with service-based vesting conditions, is a standard practice across many industries, including the energy sector.
• The Amplify Energy Corp. 2024 Equity Incentive Plan is consistent with typical corporate governance frameworks for incentivizing long-term commitment and performance from board members.
• Specific comparable companies or projects are not detailed in this filing, but similar equity compensation structures are prevalent at peers like Chesapeake Energy Corporation or Southwestern Energy Company for their board members.

Stakeholder Impact

• Shareholders: The grant of new equity to a director aligns their interests with shareholders, potentially encouraging long-term value creation. The settlement of vested units represents a director's increased direct ownership.

Next Steps

• The newly granted 36,459 restricted stock units are expected to vest on the first anniversary of the grant date (July 1, 2026), contingent on Deborah G. Adams remaining a director.

Key Dates

Keywords

Amplify Energy Corp., AMPY, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Equity Incentive Plan, Director Compensation, Stock Grant, Vesting, Rule 10b5-1