Form 4: Amplitude Director Patrick Grady Reports Stock Acquisition

Amplitude, Inc. director Patrick W. Grady reported the acquisition of 24,857 restricted stock units (RSUs) on June 9, 2026, as part of the company's Non-Employee Director Compensation Program.

Summary

• Patrick W. Grady, a Director and 10% Owner of Amplitude, Inc., acquired 24,857 restricted stock units (RSUs) on June 9, 2026.
• These RSUs were granted under the company's Non-Employee Director Compensation Program.
• The RSUs will vest in full on the earlier of June 9, 2027, or immediately before the Issuer's 2027 annual meeting of stockholders, contingent on Grady's continued service.
• Following this transaction, Grady's direct beneficial ownership includes these 24,857 RSUs.
• Indirectly, Grady is associated with a significant number of shares held by various Sequoia Capital funds, though he disclaims beneficial ownership beyond his pecuniary interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on routine director compensation and stock grants rather than significant financial performance or strategic shifts.

Positives

• Director Patrick W. Grady's continued service and vesting of RSUs indicate ongoing commitment to Amplitude, Inc.
• The grant of RSUs aligns director compensation with long-term company performance and shareholder value.

Risks

• The vesting of RSUs is contingent on Grady's continued service, meaning any departure before the vesting date would impact the realization of these units.
• While Grady disclaims beneficial ownership of shares held by Sequoia Capital funds, the significant indirect holdings represent a concentration of ownership that could influence corporate decisions.

Future Outlook

The filing does not contain forward-looking financial statements or guidance. The primary forward-looking information relates to the vesting schedule of the restricted stock units.

Industry Context

StockSavvy.ai notes that director compensation through equity awards like RSUs is a common practice in the technology sector, aiming to align executive and director interests with those of shareholders and incentivize long-term value creation.

Related Party Transactions

• Grant of 24,857 RSUs to Director Patrick W. Grady under the Non-Employee Director Compensation Program.

Stakeholder Impact

• Shareholders: The issuance of RSUs to directors is a standard compensation practice that aligns director interests with long-term shareholder value. The significant indirect holdings by Sequoia Capital funds may influence voting outcomes and strategic direction.
• Employees: This filing does not directly impact employees, but it reflects the company's compensation structure for its board members.
• Creditors: No direct impact on creditors is indicated by this filing.

Next Steps

• Patrick W. Grady to continue service on the Board of Directors through the vesting date.
• Vesting of 24,857 RSUs on or before June 9, 2027, subject to continued service.

Key Dates

Keywords

Amplitude Inc, AMPL, Form 4, SEC Filing, Patrick W. Grady, Director Compensation, Restricted Stock Units, RSUs, Vesting, Beneficial Ownership, Sequoia Capital