Form 4: Amplitude Inc. Executive Thomas Hansen Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Thomas Hansen, President of Amplitude Inc., reports the withholding of shares to cover tax obligations related to RSU vesting.
Summary
- On May 15, 2024, Thomas Hansen, President of Amplitude, Inc., had 69,080 shares of Class A Common Stock withheld by the issuer to cover tax obligations.
- This transaction was related to the net issuance of shares from the vesting of Restricted Stock Units (RSUs).
- The price per share for the transaction was $9.49.
- Following the transaction, Hansen beneficially owns 1,836,722 shares, including 1,557,931 RSUs.
Sentiment
Score: 7
Explanation: The document is a routine disclosure of a tax-related stock transaction, which is neither particularly positive nor negative. It provides transparency, which is generally viewed favorably.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| June 27, 2022 | Date of Power of Attorney execution. |
| May 15, 2024 | Date of stock transaction (tax withholding). |
| May 17, 2024 | Date of signature on the Form 4 report. |
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