Form 4: Amplitude CFO Andrew Casey Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Amplitude's CFO, Andrew Casey, disposed of shares to cover tax obligations related to the vesting of Restricted Stock Units (RSUs).
Summary
- On February 15, 2025, Amplitude's CFO, Andrew Casey, had shares of Class A Common Stock withheld by the issuer to satisfy tax obligations.
- This was in connection with the net issuance of shares from the vesting of RSUs.
- A total of 35,748 shares were withheld at a price of $12.04 per share.
- Following the transaction, Casey beneficially owns 1,055,992 shares, including 937,993 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations and RSU vesting, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is a standard practice of withholding shares to cover tax obligations upon the vesting of RSUs.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related activity.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction where shares were withheld to cover tax obligations related to RSU vesting. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
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