Form 4: Erica Schultz Reports Amplitude Stock Transactions
Statement of Changes in Beneficial Ownership
Erica Schultz, a Director at Amplitude, Inc., has reported the acquisition of 1,678 restricted stock units.
Summary
- Director Erica Schultz acquired 1,678 restricted stock units (RSUs) on April 5, 2026.
- These RSUs were granted under Amplitude's Non-Employee Director Compensation Program in lieu of retainer fees.
- Each RSU represents a right to receive one share of Class A Common Stock, with issuance deferred.
- Following this transaction, Schultz beneficially owns 116,584 securities, including 16,584 RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of director compensation and does not provide new financial information or strategic insights.
Positives
- Director compensation is being provided through equity, aligning director interests with shareholders.
- The company has a structured compensation program for its non-employee directors.
Risks
- The issuance of RSU shares is deferred, meaning immediate ownership of common stock is not conferred.
- Potential for future dilution if a large number of RSUs are exercised and converted to common stock.
Future Outlook
The filing does not contain forward-looking statements or guidance regarding future financial performance. It solely reports a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that the use of Restricted Stock Units (RSUs) for director compensation is a common practice in the technology sector, aligning executive and director interests with long-term shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Program | Erica Schultz received 1,678 RSUs as part of the Non-Employee Director Compensation Program in lieu of retainer fees. | 04/05/2026 | Standard practice for aligning director incentives with company performance. |
Related Party Transactions
- The transaction involves a director (Erica Schultz) receiving equity compensation from the issuer (Amplitude, Inc.), which is a standard related-party transaction for compensation purposes.
Stakeholder Impact
- Shareholders: The issuance of RSUs represents potential future dilution but also aligns director incentives with long-term company performance.
- Employees: No direct impact mentioned.
- Management: Standard compensation practice for directors.
Next Steps
- The issuance of shares underlying the RSUs will occur at a future date as per the program terms.
Key Dates
| Date | Description |
|---|---|
| 04/05/2026 | Transaction Date for acquisition of restricted stock units. |
| 04/07/2026 | Date of signature for the filing. |
Keywords
Amplitude Inc, AMPL, Form 4, SEC Filing, Director Compensation, Restricted Stock Units, Erica Schultz, Equity Awards
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