Form 4: Amplify Energy Director Receives Stock Units

Amplify Energy Corp. director Christopher W. Hamm received restricted stock units as part of equity incentive plans.

Summary

• Christopher W. Hamm, a Director at Amplify Energy Corp., was granted restricted stock units (RSUs) on July 1, 2026.
• These grants include 51,043 RSUs that settled, converting into common stock, and an additional 43,911 unvested RSUs.
• The RSUs are part of the Amplify Energy Corp. 2024 Equity Incentive Plan and the 2024 Amended & Restated Equity Incentive Plan.
• Vesting for the unvested RSUs is contingent upon Mr. Hamm remaining a member of the board of directors through the first anniversary of the grant date.
• The RSUs convert into common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard equity award transaction for a director rather than significant financial or strategic news.

Positives

• Director compensation through equity awards aligns management interests with shareholders.
• Granting of RSUs indicates continued investment in retaining key leadership personnel.
• The company has established equity incentive plans to reward directors and employees.

Negatives

• The filing does not contain any negative financial or operational information.

Risks

• Vesting of RSUs is contingent on continued board service, implying a risk of forfeiture if the director resigns or is removed before the vesting date.
• The value of the RSUs is subject to the market performance of Amplify Energy Corp. stock.

Future Outlook

The future outlook is not directly addressed in this filing, which focuses on a specific transaction of equity awards. However, the vesting conditions for the RSUs imply a forward-looking expectation of continued board service by Christopher W. Hamm.

Industry Context

StockSavvy.ai notes that the issuance of restricted stock units to directors is a common practice in the energy sector to incentivize long-term commitment and align executive compensation with company performance and shareholder value.

Management Changes

Related Party Transactions

• The transaction involves a director (Christopher W. Hamm) receiving equity awards from the company, which is a form of related party transaction disclosed under SEC regulations.

Stakeholder Impact

• Shareholders: The issuance of equity awards can dilute existing share ownership over time, but also aligns director incentives with long-term shareholder value.
• Employees: The existence of equity incentive plans may signal a broader compensation strategy that could extend to other employees.
• Management: Reinforces the use of equity as a tool for director compensation and retention.

Next Steps

• Vesting of 43,911 restricted stock units on the first anniversary of the grant date, provided the reporting person remains a director.
• Potential conversion of vested RSUs into common stock.

Key Dates

Keywords

Amplify Energy Corp, AMPY, Form 4, SEC Filing, Director Compensation, Restricted Stock Units, Equity Incentive Plan, Christopher W. Hamm, Beneficial Ownership