Form 4: Amprius Technologies CFO Sandra Wallach Sells Shares to Cover Tax Obligations

Sandra Wallach, CFO of Amprius Technologies, sold shares of common stock on May 21 and May 22, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Sandra Wallach, the Chief Financial Officer of Amprius Technologies, Inc., sold shares of the company's common stock on May 21 and May 22, 2024.
• The sales were executed to cover tax withholding obligations associated with the vesting of restricted stock units.
• On May 21, 2024, 10,549 shares were sold at an average price of $1.3276 per share.
• On May 22, 2024, 8,245 shares were sold at an average price of $1.356 per share.
• Following these transactions, Wallach directly owns 730,906 shares of Amprius Technologies common stock, which includes 702,844 restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects a neutral sentiment as it reports routine stock sales for tax purposes. There is no indication of positive or negative implications for the company's performance.

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 stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares sold.

Key Dates