Form 4: Amplitude Inc. President Thomas Hansen Reports Stock Award
SEC Form 4 Filing
Thomas Hansen, President of Amplitude, Inc., was granted 565,031 shares of Class A Common Stock and holds 2,198,224 shares, including 1,698,204 RSUs.
Summary
- On April 25, 2025, Thomas Neergaard Hansen, President of Amplitude, Inc., reported a transaction involving Class A Common Stock.
- Hansen acquired 565,031 shares of Class A Common Stock.
- Following the transaction, Hansen beneficially owns 2,198,224 shares, which includes 1,698,204 Restricted Stock Units (RSUs).
- The RSUs vest in twelve substantially equal quarterly installments starting May 15, 2025, contingent upon continued service.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it primarily reports a stock award, which is a common occurrence. The executive increasing their stake in the company is a mildly positive signal.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign of confidence in the company's future.
Future Outlook
The RSUs will vest in twelve substantially equal quarterly installments beginning on May 15, 2025, subject to continued service of the reporting person.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| June 27, 2022 | Date of Power of Attorney execution. |
| April 25, 2025 | Date of transaction: acquisition of Class A Common Stock. |
| May 15, 2025 | First vesting date for RSUs. |
| April 29, 2025 | Date of signature for the report. |
Keywords
Form 4, Amplitude, Inc., Thomas Hansen, Class A Common Stock, RSU, Securities Exchange Act, Beneficial Ownership, Officer, President
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