Form 4: Amplitude Director Erica Schultz Granted 14,906 Restricted Stock Units

Amplitude, Inc. Director Erica Schultz was granted 14,906 restricted stock units (RSUs) as part of the company's Non-Employee Director Compensation Program, vesting by June 2026.

Summary

• Erica Schultz, a Director of Amplitude, Inc. (AMPL), acquired 14,906 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs).
• The transaction date for this acquisition was June 12, 2025.
• The RSUs were granted at a price of $0.00 per unit, indicating they are part of a compensation package.
• Following this transaction, Ms. Schultz beneficially owns a total of 107,406 shares, which includes the newly acquired 14,906 RSUs.
• These RSUs are set to vest in full on the earlier of June 12, 2026, or immediately before Amplitude's 2026 annual meeting of stockholders, contingent on Ms. Schultz's continued service on the Board.

Sentiment

Score: 5

Explanation: The document is a factual report of a routine compensation transaction (RSU grant to a director) and does not contain information that would significantly alter the company's financial outlook or operational status. It is neutral in sentiment.

Positives

• The grant of Restricted Stock Units (RSUs) to Director Erica Schultz aligns her interests with long-term shareholder value through equity compensation.
• The transaction is part of a pre-established Non-Employee Director Compensation Program, indicating a structured approach to executive and director remuneration.

Future Outlook

The granted Restricted Stock Units (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, subject to the reporting person's continued service on the Board through such vesting date.

Industry Context

This Form 4 filing is a routine disclosure of director compensation, common across publicly traded companies. The grant of Restricted Stock Units (RSUs) is a standard practice for aligning the interests of non-employee directors with long-term company performance and shareholder value, consistent with compensation trends in the technology and software industry.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) for non-employee director compensation is a common practice among publicly traded companies, particularly in the technology sector, aligning with compensation strategies seen at companies like Salesforce, Adobe, and Microsoft.
• The vesting schedule, tied to continued service and a future date or annual meeting, is typical for such equity grants, ensuring retention and commitment from board members.
• The grant price of $0.00 for RSUs is standard, as RSUs represent a right to receive shares upon vesting, rather than an option to purchase at a set price.

Corporate Governance

Related Party Transactions

• The grant of Restricted Stock Units to Erica Schultz, a director of Amplitude, Inc., constitutes a transaction with a related party (an insider), which is a standard form of director compensation.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's interests with shareholder value creation over the long term, as the value of the compensation is tied to the company's stock performance.
• Employees: No direct impact on employees is indicated by this filing.
• Management: The compensation structure for directors reflects the company's overall governance and compensation philosophy.

Next Steps

• The granted RSUs will vest in full on the earlier of June 12, 2026, or immediately before the Issuer's 2026 annual meeting of stockholders, subject to continued service.

Key Dates

Keywords

Amplitude Inc., AMPL, SEC Form 4, Restricted Stock Units, RSUs, Director Compensation, Equity Grant, Beneficial Ownership, Corporate Governance