Form 4: Amprius Technologies CEO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Amprius Technologies CEO Kang Sun sold 33,333 shares of common stock on August 21, 2024, to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On August 21, 2024, Kang Sun, the CEO of Amprius Technologies, Inc., sold 33,333 shares of common stock.
- The sale was executed at an average price of $1.04 per share, with individual transactions ranging from $1.03 to $1.0523.
- The transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Sun directly owns 1,350,753 shares, which includes 1,242,211 restricted stock units.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholders, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of the stock sale transaction. |
| 08/22/2024 | Date of signature for the Form 4 filing. |
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