Form 4: Amplitude Director Eric Vishria Reports Transactions in Company Stock

Director Eric Vishria reports conversion and distribution of Class A and B Common Stock, along with a sale of shares under a 10b5-1 trading plan.

Summary

• On May 12, 2025, Eric Vishria, a director of Amplitude, Inc., reported several transactions involving the company's stock.
• These transactions include the conversion of 1,685,008 shares of Class B Common Stock into Class A Common Stock.
• Vishria also reported a pro-rata, in-kind distribution of 1,685,008 Class A Common Stock by Benchmark Capital Partners VIII, L.P. and its affiliated funds.
• Additionally, 10,000 shares of Class A Common Stock were sold at a price of $12 per share under a 10b5-1 trading plan.
• Following these transactions, Vishria indirectly owns 329,621 shares of Class A Common Stock.
• The reported transactions were filed pursuant to Section 16(a) of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by a company director, with no inherently positive or negative sentiment.

Future Outlook

The Class B Common Stock will convert automatically into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (a) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (b) the date that is six months following the date on which none of the Issuer's founders is an employee or director of the Issuer (unless a founder has rejoined the Issuer during such six-month period).

Management Comments

• Each such person and entity disclaims the existence of a 'group' and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment.

Key Dates

Keywords

Form 4, AMPL, Amplitude, Inc., Eric Vishria, stock transaction, Class A Common Stock, Class B Common Stock, 10b5-1 trading plan, Benchmark Capital Partners