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

Amprius Technologies' Chief Financial Officer, Sandra Wallach, sold 17,158 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Sandra Wallach, the Chief Financial Officer of Amprius Technologies, sold 17,158 shares of common stock on November 21, 2024.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
• The shares were sold at an average price of $1.9646, with individual transactions ranging from $1.93 to $2.02.
• Following the transaction, Ms. Wallach still beneficially owns 696,142 shares, including 609,131 restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, not indicative of any positive or negative sentiment towards the company's performance.

Industry Context

This is a routine transaction for corporate insiders to manage their tax liabilities related to equity compensation. It is common for executives to sell shares to cover taxes when restricted stock units vest.

Comparison to Industry Standards

• Sales of shares by executives to cover tax obligations are a common practice across publicly traded companies.
• The sale of 17,158 shares is not unusual for a CFO managing their personal finances and equity compensation.
• The price range of $1.93 to $2.02 is within the expected volatility for a stock like Amprius Technologies.

Stakeholder Impact

• The sale of shares by the CFO may have a minor impact on the stock price, but it is not expected to be significant.
• The transaction is a normal part of executive compensation and should not affect the company's operations or financial health.

Key Dates

Keywords

Amprius Technologies, Sandra Wallach, stock sale, Form 4, CFO, restricted stock units, tax obligations, insider trading