Form 4: Amprius Technologies' Chief Technology Officer Reports Stock Transactions
SEC Form 4
Constantin Ionel Stefan, Chief Technology Officer of Amprius Technologies, reports acquisition and disposal of common stock and restricted stock units.
Summary
- Constantin Ionel Stefan, the Chief Technology Officer of Amprius Technologies, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 19, 2024, Stefan acquired 374,570 shares of common stock represented by restricted stock units.
- These restricted stock units vest 1/16th on May 20, 2024, and quarterly thereafter until February 20, 2028, contingent upon continued service.
- The filing also indicates a disposal of 404,361 shares.
- Following these transactions, Stefan beneficially owns 404,361 shares, including 374,570 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in the holdings of a key executive at Amprius Technologies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of a key executive.
- The vesting schedule of the restricted stock units may incentivize the executive to remain with the company.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of transaction: acquisition of restricted stock units and disposal of shares. |
| 05/20/2024 | First vesting date for 1/16th of the restricted stock units. |
| 08/20/2024 | Next quarterly vesting date for restricted stock units. |
| 11/20/2024 | Next quarterly vesting date for restricted stock units. |
| 02/20/2028 | Final vesting date for the restricted stock units. |
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