Form 4: Amplitude Director Catherine Wong Acquires Shares Through Restricted Stock Units

Director Catherine Wong acquired 18,894 shares of Amplitude, Inc. Class A Common Stock through restricted stock units.

Summary

• Catherine Wong, a director at Amplitude, Inc., acquired 18,894 shares of Class A Common Stock on June 11, 2024.
• The acquisition was through restricted stock units (RSUs) granted under the company's Non-Employee Director Compensation Program.
• These RSUs will vest on the earlier of June 11, 2025, or immediately before the Issuer's 2025 annual meeting of stockholders, contingent upon continued service on the Board.
• Following the transaction, Wong beneficially owns 101,714 shares of Class A Common Stock, which includes 50,144 RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed positively, but it's part of a pre-determined compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.

Future Outlook

The vesting of the RSUs is contingent upon continued service on the Board, aligning the director's interests with the company's long-term performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates