AMPL.NASDAQAmplitude, INC

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

Sentiment:

SEC Form 4


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

Summary

  • On May 19, 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 $11.7514 per share, with individual trades ranging from $11.5900 to $11.8900.
  • 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 sale, Wong directly owns 87,654 shares, which includes 18,894 RSUs.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale of shares for tax purposes under a pre-existing plan.

Industry Context

Sales by company insiders are a common occurrence, often related to tax obligations or diversification strategies. The use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on current market information.

Stakeholder Impact

  • The sale is unlikely to have a significant impact on stakeholders as it is a relatively small transaction by a single director.

Key Dates

DateDescription
12/10/2024Date of adoption of 10b5-1 trading plan
05/19/2025Date of transaction (share sale)
05/21/2025Date of signature on the Form 4 filing

Keywords

Amplitude, Inc., Catherine Wong, Form 4, Director, Share Sale, 10b5-1 Trading Plan, Restricted Stock Units, Tax Obligations

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