Form 4: Amprius Technologies CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Sandra Wallach, CFO of Amprius Technologies, sold 17,606 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 21, 2024, Sandra Wallach, the Chief Financial Officer of Amprius Technologies, Inc., sold 17,606 shares of the company's 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.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Wallach directly owns 713,300 shares, which includes 655,987 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a stock sale for tax purposes, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The sale of shares by a company insider could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of stock sale transaction |
| 08/22/2024 | Date of signature on the Form 4 filing |
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