Form 4: AmpliTech CEO Maqbool Granted Equity Awards

AmpliTech Group CEO Fawad Maqbool received 50,000 restricted stock units and 200,000 stock options as part of his executive employment agreement.

Summary

• Fawad Maqbool, CEO, Director, and 10% Owner of AmpliTech Group, Inc. (AMPG), was granted equity awards on January 30, 2026.
• The awards include 50,000 shares of Common Stock in the form of restricted stock units (RSUs), which vested immediately upon grant at a price of $3.04 per share.
• Additionally, Maqbool received a grant of 200,000 incentive stock options with an exercise price of $3.04 per share.
• The stock options are subject to service-based vesting: 25% will vest on the first anniversary of the grant date (January 30, 2027), and the remaining 75% will vest in 36 equal monthly installments thereafter, contingent on continuous employment.
• The stock options have an expiration date of January 30, 2036.
• Following these transactions, Maqbool beneficially owns 2,713,864 shares of Common Stock and 200,000 stock options.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as it reinforces executive alignment with shareholder interests and promotes long-term retention, which are generally favorable for corporate stability and strategic execution.

Positives

• The grant of equity awards aligns the Chief Executive Officer's interests with those of shareholders, incentivizing long-term performance.
• The immediate vesting of 50,000 restricted stock units provides direct ownership and a clear value proposition to the CEO.
• The long-term vesting schedule for the 200,000 stock options promotes executive retention and sustained commitment to the company's success over several years.

Negatives

• The issuance of new equity awards, particularly stock options, represents potential future dilution for existing shareholders if the options are exercised.

Future Outlook

The vesting schedule for the stock options, extending over four years, indicates an expectation of continued employment and strategic contribution from the CEO to AmpliTech Group's future performance.

Management Comments

• The equity grants were made pursuant to the Executive Employment Agreement with the Issuer and under the 2020 Amended and Restated Equity Incentive Plan, as amended.

Industry Context

StockSavvy.ai notes that executive equity grants are a standard practice across industries, particularly in technology and growth-oriented companies like AmpliTech Group, to attract, retain, and motivate key leadership. The structure of these grants, combining immediately vested RSUs with performanceand time-based options, is common for aligning executive incentives with long-term shareholder value creation.

Comparison to Industry Standards

• The combination of immediately vested restricted stock units and service-based stock options is a common compensation structure for CEOs in the technology sector, similar to practices observed at companies like Skyworks Solutions Inc. or Qorvo Inc., which also utilize a mix of equity awards to incentivize leadership.
• The vesting schedule, with a portion vesting on the first anniversary and the remainder monthly over three years, is a standard approach to ensure long-term executive retention, comparable to vesting schedules seen in executive compensation packages at many publicly traded companies.

Corporate Governance

Related Party Transactions

• The grant of 50,000 restricted stock units and 200,000 incentive stock options to Fawad Maqbool, the Chief Executive Officer, Director, and 10% Owner, constitutes a transaction with a related party as part of his executive employment agreement.

Stakeholder Impact

• Shareholders: Potential future dilution from the exercise of stock options, but also increased alignment of executive incentives with long-term shareholder value.
• Employees: The CEO's long-term commitment, as incentivized by the vesting schedule, can contribute to stable leadership and strategic direction for the company's workforce.

Next Steps

• The CEO's continued employment with AmpliTech Group, Inc. is required for the vesting of the remaining 75% of the stock options over 36 equal monthly installments following the first anniversary of the grant date.

Key Dates

Keywords

AmpliTech Group, AMPG, Fawad Maqbool, SEC Form 4, Insider Transaction, Equity Grant, Restricted Stock Units, Stock Options, Executive Compensation, Director, CEO, 10% Owner