Form 4: Amprius CFO Granted 200,000 Restricted Stock Units

Amprius Technologies' Chief Financial Officer, Ricardo C. Rodriguez, was granted 200,000 restricted stock units, aligning his interests with long-term company performance.

Summary

• Ricardo C. Rodriguez, Chief Financial Officer of Amprius Technologies, Inc. (AMPX), was granted 200,000 shares of common stock in the form of restricted stock units (RSUs).
• The grant date for these restricted stock units was October 6, 2025.
• Each restricted stock unit represents the right to receive one share of the issuer's common stock.
• The vesting schedule for these RSUs is structured with 1/4th vesting on November 20, 2026.
• The remaining RSUs will vest quarterly over three years thereafter, specifically on February 20, May 20, August 20, and November 20, until fully vested on November 20, 2029.
• Vesting is contingent upon Mr. Rodriguez's continued service to the company on each vesting date.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive. While a routine compensation event, it signifies management's long-term commitment and alignment with shareholder interests, which is generally viewed favorably. The potential for future dilution is a minor negative but expected.

Positives

• The grant of restricted stock units aligns the Chief Financial Officer's long-term incentives with shareholder interests, encouraging sustained company performance.
• This form of compensation is a standard practice to retain key executives and motivate them towards achieving strategic objectives.

Negatives

• The future vesting of 200,000 shares represents potential dilution for existing shareholders, although this is a common aspect of equity compensation plans.

Risks

• The restricted stock units are subject to forfeiture if the reporting person's service to the company terminates before the scheduled vesting dates.

Future Outlook

The vesting schedule extending until November 20, 2029, indicates a long-term commitment from the Chief Financial Officer and aligns his future financial interests with the sustained growth and performance of Amprius Technologies.

Industry Context

The grant of restricted stock units to a key executive like the Chief Financial Officer is a common and widely accepted practice in the technology and broader corporate sectors. It serves as a critical tool for executive compensation, retention, and aligning management's long-term interests with those of shareholders, particularly in growth-oriented companies like Amprius Technologies.

Comparison to Industry Standards

• This RSU grant is consistent with typical executive compensation structures observed across the technology and advanced materials industries, where equity-based incentives are prevalent to attract and retain top talent.
• Companies such as QuantumScape (QS) and Solid Power (SLDP) in the battery technology space, or broader tech firms, frequently utilize similar long-term equity awards to incentivize their leadership teams.

Stakeholder Impact

• Shareholders: Potential for future dilution upon vesting, but also benefit from aligned management incentives for long-term value creation.
• Employees (specifically the CFO): Direct financial incentive tied to the company's stock performance and continued service.

Next Steps

• The first tranche of restricted stock units is scheduled to vest on November 20, 2026.
• Subsequent vesting events will occur quarterly over the following three years, concluding on November 20, 2029.

Key Dates

Keywords

Amprius Technologies, AMPX, Ricardo C. Rodriguez, Chief Financial Officer, Restricted Stock Units, RSU grant, Insider transaction, Executive compensation, Equity award, Vesting schedule