AMPL.NASDAQAmplitude, INC

Form 4: Amplitude Director Eric Vishria Acquires Shares in Lieu of Retainer Fees

Sentiment:

SEC Form 4 Filing


Director Eric Vishria acquired 859 shares of Amplitude, Inc. Class A Common Stock in lieu of retainer fees, while also reporting indirect ownership of 311,208 shares.

Summary

  • On July 5, 2024, Eric Vishria, a director of Amplitude, Inc., acquired 859 shares of Class A Common Stock.
  • The acquisition was made in lieu of retainer fees under the Issuer's Non-Employee Director Compensation Program.
  • The price per share was $0.
  • Following the transaction, Vishria directly owns 47,626 shares of Class A Common Stock.
  • Vishria also indirectly owns 311,208 shares through entities he controls.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares in lieu of fees suggests confidence in the company's future, but it's a routine transaction.

Positives

  • Director's acquisition of shares demonstrates confidence in the company.
  • The use of RSUs in lieu of retainer fees aligns director's interests with shareholders.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

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

DateDescription
07/05/2024Date of transaction: Eric Vishria acquired 859 shares of Class A Common Stock.
07/09/2024Date of report filing.

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