Form 4: Amplitude Director Catherine Wong Receives Equity Grant, Aligning Interests with Shareholders

Amplitude, Inc. Director Catherine Wong was granted 14,906 Restricted Stock Units (RSUs) on June 12, 2025, as part of the company's Non-Employee Director Compensation Program.

Summary

• Amplitude, Inc. (AMPL) Director Catherine Wong acquired 14,906 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs) on June 12, 2025.
• The RSUs were granted at a price of $0.00 per share, indicating they are part of a compensation package.
• These RSUs are part of the Issuer's Non-Employee Director Compensation Program.
• Each RSU represents a right to receive one share of Class A Common Stock.
• The RSUs are scheduled to vest in full on the earlier of June 12, 2026, or immediately before the Issuer's 2026 annual meeting of stockholders.
• Vesting is contingent upon Ms. Wong's continued service on the Board through the vesting date.
• Following this transaction, Catherine Wong beneficially owns a total of 94,058 shares, which includes the newly acquired 14,906 RSUs.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it represents a routine, expected compensation event that aligns director interests with shareholders, without indicating any negative or unexpected developments.

Positives

• The grant of Restricted Stock Units to Director Catherine Wong aligns her financial interests directly with those of Amplitude's shareholders, encouraging long-term value creation.
• This transaction is part of a standard, pre-established Non-Employee Director Compensation Program, indicating a structured approach to executive incentives.

Future Outlook

The granted Restricted Stock Units are set to vest on the earlier of June 12, 2026, or immediately before the company's 2026 annual meeting of stockholders, subject to the director's continued service.

Industry Context

The grant of Restricted Stock Units to non-employee directors is a common and widely accepted practice across various industries, particularly in technology and growth-oriented companies. This method of compensation is designed to attract and retain qualified board members while aligning their incentives with the long-term performance of the company and shareholder interests.

Comparison to Industry Standards

• The practice of compensating non-employee directors with equity, such as RSUs, is a standard corporate governance practice observed across the S&P 500 and Nasdaq-listed companies.
• This approach is consistent with compensation structures at comparable software and data analytics firms, which often use equity to foster long-term commitment and align director interests with shareholder value creation.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's interests with long-term shareholder value, as the value of her compensation is tied to the company's stock performance.
• Director (Catherine Wong): Receives equity compensation for her service, which vests over time, incentivizing continued engagement and performance.

Next Steps

• The granted Restricted Stock Units will vest on the earlier of June 12, 2026, or immediately before Amplitude's 2026 annual meeting of stockholders, provided Catherine Wong continues her service on the Board.

Key Dates

Keywords

Amplitude, AMPL, SEC Form 4, Insider Transaction, Director Compensation, Restricted Stock Units, RSU, Equity Grant, Beneficial Ownership, Corporate Governance