Form 4: Amplify Energy Director Todd Snyder Reports Vesting and Grant of Equity Awards

Amplify Energy Corp. Director Todd R. Snyder 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

• Todd R. Snyder, a Director of Amplify Energy Corp. (AMPY), reported changes in his beneficial ownership of company securities.
• On July 1, 2025, 19,665 previously awarded restricted stock units (TSUs) with service-based vesting conditions settled, resulting in the acquisition of 19,665 shares of common stock.
• Following this transaction, Snyder directly beneficially owns 128,081 shares of common stock.
• Concurrently, 19,665 derivative restricted stock units were disposed of as they converted into common stock.
• Additionally, on July 1, 2025, Snyder acquired 36,459 new unvested restricted stock units under the Amplify Energy Corp. 2024 Equity Incentive Plan.
• These new TSUs vest on the first anniversary of the grant date, provided Snyder remains a member of the board of directors through the vesting date, and convert into common stock on a one-for-one basis.
• Snyder now directly beneficially owns 36,459 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The filing indicates routine equity compensation for a director, which is generally positive as it aligns management/director interests with shareholders through stock ownership and future vesting incentives. No negative or unexpected events are reported.

Positives

• The settlement of 19,665 restricted stock units into common stock increases the director's direct ownership in the company, aligning his interests with shareholders.
• The grant of 36,459 new unvested restricted stock units further incentivizes the director's continued service and performance, aligning long-term interests with the company's success.

Future Outlook

The newly granted 36,459 restricted stock units are set to vest on the first anniversary of the grant date, contingent upon the reporting person's continued service as a board member.

Industry Context

This filing reflects routine equity compensation for a director in the energy sector, a common practice to align executive and board member interests with shareholder value creation through long-term incentives.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a component of director compensation is a standard practice across various industries, including the energy sector.
• This approach is widely adopted by companies to incentivize long-term commitment and performance, aligning director interests with shareholder returns.
• While specific grant sizes vary based on company size, performance, and individual roles, the structure of service-based vesting is consistent with typical corporate governance benchmarks.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders through direct stock ownership and future equity incentives.

Next Steps

• The 36,459 newly granted restricted stock units are expected to vest on the first anniversary of the grant date (July 1, 2026), provided Todd R. Snyder remains a member of the board of directors.

Key Dates

Keywords

Amplify Energy Corp., AMPY, Todd R. Snyder, Form 4, SEC Filing, Insider Trading, Restricted Stock Units, Equity Incentive Plan, Director Compensation, Stock Ownership