Form 4: Amprius Technologies' Chief Technology Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Constantin Ionel Stefan, Chief Technology Officer of Amprius Technologies, sold 8,800 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 21, 2024, Constantin Ionel Stefan, the Chief Technology Officer of Amprius Technologies, Inc., sold 8,800 shares of common stock.
- 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 $1.04, with individual transactions ranging from $1.03 to $1.0523.
- Following the transaction, Stefan directly owns 386,168 shares, which includes 327,749 restricted stock units.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It's neutral in sentiment as it doesn't indicate positive or negative performance for the company.
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 an executive could be perceived negatively by some shareholders, but it is a common practice for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of the stock sale transaction. |
| 08/22/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.