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

Amprius Technologies President Thomas M. Stepien was granted 200,000 restricted stock units, vesting over several years.

Summary

• Thomas M. Stepien, President and Director of Amprius Technologies, Inc. (AMPX), was granted 200,000 restricted stock units (RSUs).
• The grant occurred on December 19, 2025, with a vesting commencement date of January 1, 2026.
• These RSUs represent the right to receive one share of the issuer's common stock for each unit upon vesting.
• The vesting schedule dictates that 1/4th of the RSUs will vest on February 20, 2027, with the remainder vesting quarterly over the subsequent three years until fully vested on February 20, 2030, contingent on Mr. Stepien's continued service.
• Following this transaction, Mr. Stepien beneficially owns 610,000 shares of Amprius Technologies, Inc. common stock, which includes 600,000 restricted stock units.
• A Power of Attorney was executed on November 5, 2025, authorizing Ricardo C. Rodriguez and Siyu Jiang to make SEC filings on behalf of Mr. Stepien.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a key executive is generally a positive signal for executive retention and aligns management's interests with long-term shareholder value. It reflects a commitment to the company's future performance.

Positives

• The grant of 200,000 restricted stock units aligns management's interests with long-term shareholder value.
• The multi-year vesting schedule, extending until February 20, 2030, promotes executive retention and sustained performance.

Negatives

• No immediate cash compensation or direct stock purchase is involved, as the grant is for restricted stock units with a $0 transaction price.

Risks

• Vesting of the restricted stock units is contingent on Thomas M. Stepien's continued service, posing a risk if his employment terminates prior to full vesting.
• The ultimate value of the restricted stock units is tied to the future stock price of Amprius Technologies, Inc., exposing the holder to market fluctuations.

Future Outlook

The long-term vesting schedule for the granted restricted stock units suggests a strategic outlook focused on retaining key management and aligning their incentives with the company's sustained performance over several years, extending through early 2030.

Industry Context

This type of executive compensation, utilizing restricted stock units with multi-year vesting, is a common practice across various industries, particularly in technology and growth-oriented sectors like advanced battery technology. It aims to incentivize long-term commitment and performance by tying executive wealth to the company's stock performance and continued service.

Comparison to Industry Standards

• The grant of restricted stock units to a President and Director with a multi-year vesting schedule is consistent with standard executive compensation practices in the technology sector, particularly for companies focused on innovation like Amprius Technologies.
• While specific comparable companies or projects are not detailed in this filing, such grants are typical for retaining talent and aligning interests in competitive industries. For instance, similar long-term incentive plans are observed at companies like QuantumScape (QS) or Solid Power (SLDP) in the battery space, though the specific grant sizes and vesting terms vary based on company size, executive role, and performance metrics.

Corporate Governance

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of executive interests with long-term company performance and shareholder value.
• Employees: May signal stability in executive leadership and a commitment to long-term growth.
• Management: Provides long-term incentive compensation, encouraging retention and focus on strategic objectives.

Next Steps

• Continued vesting of the restricted stock units based on the established schedule, contingent on Thomas M. Stepien's continued service.
• Future Form 4 filings will report subsequent vesting events or any other transactions by Mr. Stepien.

Key Dates

Keywords

Amprius Technologies, AMPX, Restricted Stock Units, RSU, Executive Compensation, Insider Transaction, Form 4, Thomas M. Stepien, Stock Grant, Vesting