Form 4: AmpliTech Director Acquires 15,000 Shares

AmpliTech Group Director Andrew Dylan Lee acquired 15,000 shares of common stock as compensation, increasing his direct beneficial ownership to 60,000 shares.

Summary

• Andrew Dylan Lee, a Director of AmpliTech Group, Inc. (AMPG), acquired 15,000 shares of common stock.
• The transaction occurred on December 12, 2025, at a price of $3.08 per share.
• These shares were restricted stock units issued as compensation for services provided to the company.
• The compensation was pursuant to a Director Agreement dated January 20, 2025, and the issuer's Amended and Restated 2020 Equity Incentive Plan.
• Following this transaction, Andrew Dylan Lee directly beneficially owns 60,000 shares of AmpliTech Group, Inc. common stock.

Sentiment

Score: 6

Explanation: Slightly positive. While it's compensation, an insider increasing their stake, even through RSU grants, generally indicates alignment of interests and can be viewed favorably by the market. There are no negative elements in the filing.

Positives

• A director increasing their stake in the company, even through compensation, can signal confidence in the company's future prospects.
• The issuance of restricted stock units aligns the director's interests with those of shareholders.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction, focusing solely on an insider's stock transaction.

Industry Context

Insider transactions, such as this acquisition by a director, are routinely reported to the SEC. While this specific transaction is compensation-related, insider buying can sometimes be interpreted by the market as a positive signal, indicating management's belief in the company's value, especially when compared to broader industry trends or competitor performance.

Comparison to Industry Standards

• The issuance of restricted stock units as compensation is a common practice across industries to incentivize and retain key personnel, aligning their financial interests with long-term company performance.
• The specific value of the compensation ($3.08 per share for 15,000 shares) would need to be benchmarked against compensation packages for directors at comparable companies in the semiconductor or RF/microwave technology sectors to assess its competitiveness and fairness.

Corporate Governance

Related Party Transactions

• The acquisition of 15,000 shares by Director Andrew Dylan Lee at $3.08 per share as compensation for services, pursuant to a Director Agreement and the company's equity incentive plan, constitutes a transaction between the company and a related party (a director).

Stakeholder Impact

• Shareholders: May view the director's increased ownership as a positive signal of confidence in the company's future.
• Employees: The use of an equity incentive plan for director compensation may reinforce the company's broader compensation philosophy.

Key Dates

Keywords

AmpliTech Group, AMPG, Andrew Dylan Lee, Director, Insider Transaction, Stock Acquisition, Restricted Stock Units, Equity Incentive Plan, Compensation