Form 4: Amplitude Director Catherine Wong Sells Shares to Cover Tax Obligations

Director Catherine Wong sold 3,515 shares of Amplitude, Inc. to cover tax obligations related to vesting restricted stock units.

Summary

• On March 11, 2025, Catherine Wong, a director of Amplitude, Inc., sold 3,515 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $12.0443 per share, with individual trades ranging from $11.8400 to $12.1600.
• The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on December 10, 2024, to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
• Following the transaction, Wong beneficially owns 91,169 shares, including 26,707 RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transaction is a routine sale of shares for tax purposes under a pre-arranged plan, with no indication of positive or negative implications for the company's performance.

Industry Context

Sales of shares by company directors are a common occurrence, often related to tax obligations or diversification strategies. The use of a 10b5-1 trading plan indicates that the sales were pre-planned and not based on insider information.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the pre-planned nature of the transaction mitigates concerns about insider information.

Key Dates