Form 4: Amplitude Director James Whitehurst Receives Equity Grant of 14,906 Restricted Stock Units

Amplitude, Inc. Director James M. Whitehurst was granted 14,906 Restricted Stock Units (RSUs) as part of the company's Non-Employee Director Compensation Program, aligning his interests with shareholders.

Summary

• James M. Whitehurst, a Director of Amplitude, Inc. (AMPL), acquired 14,906 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs) on June 12, 2025.
• The RSUs were granted at a price of $0.00 per share, indicating they are part of an equity compensation plan.
• These RSUs are part of the Issuer's Non-Employee Director Compensation Program.
• Each RSU represents the right to receive one share of Class A Common Stock.
• The RSUs are scheduled to vest in full on the earlier of June 12, 2026, or immediately before Amplitude's 2026 annual meeting of stockholders, contingent on Mr. Whitehurst's continued service on the Board.
• Following this transaction, Mr. Whitehurst beneficially owns a total of 162,344 shares, which includes 26,263 RSUs (this total includes the newly granted 14,906 RSUs and previously held RSUs).

Sentiment

Score: 6

Explanation: The document reports a routine equity grant to a director, which is a positive for aligning interests but does not indicate significant new financial performance or strategic shifts. It's a standard compensation event.

Positives

• The grant of Restricted Stock Units to a non-employee director aligns the director's financial interests with those of the company's shareholders, promoting long-term value creation.
• This transaction is part of a structured Non-Employee Director Compensation Program, indicating a standard and transparent approach to director remuneration.

Future Outlook

The granted Restricted Stock Units are set to vest on the earlier of June 12, 2026, or immediately before the Issuer's 2026 annual meeting of stockholders, subject to the director's continued service.

Industry Context

The granting of Restricted Stock Units (RSUs) to non-employee directors is a common practice in the technology and broader public company sectors. This method of compensation is widely used to attract and retain qualified board members while aligning their incentives with long-term shareholder value, a standard across many publicly traded companies.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) for non-employee director compensation is a standard practice across publicly traded companies, particularly in the technology sector, aligning with common corporate governance benchmarks.
• The vesting schedule, tied to continued service and a future date or annual meeting, is typical for such equity grants, comparable to compensation structures at companies like Salesforce, Adobe, or Workday, which also utilize performance-based or time-based equity for their non-executive directors.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's interests with shareholders by tying a portion of his compensation to the company's stock performance, potentially encouraging decisions that enhance long-term shareholder value.

Next Steps

• The granted Restricted Stock Units (RSUs) will vest on the earlier of June 12, 2026, or immediately before Amplitude's 2026 annual meeting of stockholders, subject to continued service.

Key Dates

Keywords

Amplitude, AMPL, SEC Form 4, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Insider Transaction, Corporate Governance