Form 4: Amplitude CEO's Spouse Sells 400,000 Shares
Insider Transaction Report
Spenser Skates' spouse sold 400,000 shares of Amplitude Class A Common Stock for a weighted average price of $10.9883 per share, following a conversion from Class B shares.
Summary
- Spenser Skates, Chief Executive Officer, Director, and 10% Owner of Amplitude, Inc., reported changes in beneficial ownership.
- On November 11, 2025, 400,000 shares of Class B Common Stock were converted into Class A Common Stock at a price of $0.00.
- Concurrently, 400,000 shares of Class A Common Stock were sold by Mr. Skates' spouse.
- The sales were executed at a weighted average price of $10.9883 per share, with individual trades ranging from $10.5500 to $11.2700.
- These transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's spouse on August 8, 2025.
- Following these transactions, Mr. Skates' spouse indirectly holds 610,000 shares of Class B Common Stock, and Mr. Skates directly holds 5,342,146 shares of Class B Common Stock.
Sentiment
Score: 4
Explanation: The sale of a significant number of shares by the CEO's spouse, even under a 10b5-1 plan, can be perceived negatively by the market as it represents a reduction in insider holdings. However, the pre-planned nature mitigates the immediate negative signal.
Negatives
- Sale of 400,000 shares of Class A Common Stock by the CEO's spouse.
Stakeholder Impact
- Shareholders may interpret the sale as a reduction in insider confidence, potentially leading to downward pressure on the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/08/2025 | Reporting Person's spouse adopted a Rule 10b5-1 trading plan. |
| 11/11/2025 | Transaction date for conversion of Class B to Class A Common Stock and subsequent sale of Class A Common Stock. |
| 11/13/2025 | Date of filing signature. |
Recommendation
holdWhile the sale by the CEO's spouse might raise questions about insider confidence, the transaction was pre-planned under a 10b5-1 plan, which reduces the immediate negative signal. Without further context on the company's fundamentals or other market factors, a 'hold' recommendation is appropriate, advising investors to monitor future developments and the company's performance.
Keywords
Amplitude, AMPL, Spenser Skates, insider trading, Form 4, stock sale, 10b5-1 plan, CEO, beneficial ownership
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