Form 4: Amprius Technologies Director Granted Significant Restricted Stock Units

Livingston Satterthwaite, a Director at Amprius Technologies, Inc., was granted 44,444 restricted stock units, increasing his beneficial ownership to 336,083 shares.

Summary

• Livingston Satterthwaite, a Director at Amprius Technologies, Inc. (AMPX), acquired 44,444 shares of common stock on June 13, 2025, in the form of restricted stock units (RSUs).
• These RSUs were granted at a price of $0 per share, indicating they are part of the director's compensation.
• Each RSU grants the right to receive one share of Amprius Technologies' common stock upon vesting.
• The 44,444 RSUs will vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next annual meeting of stockholders, provided Mr. Satterthwaite continues his service.
• Following this transaction, Mr. Satterthwaite's total beneficial ownership in Amprius Technologies, Inc. is 336,083 shares.
• This total beneficial ownership includes 331,773 restricted stock units, which are subject to their respective vesting schedules and conditions.

Sentiment

Score: 7

Explanation: The document reports a standard equity grant to a director, which is generally a neutral to slightly positive event as it aligns interests. There are no negative financial implications or adverse events reported.

Positives

• The grant of restricted stock units to Director Livingston Satterthwaite aligns his interests with long-term shareholder value, as vesting is tied to continued service.
• An increase in director ownership, even through grants, can signal confidence in the company's future prospects.

Risks

• The vesting of the restricted stock units is subject to the reporting person's continued service, meaning the shares are not immediately owned and could be forfeited if service ceases before vesting.
• The value of the granted restricted stock units is dependent on the future market price of Amprius Technologies' common stock.

Future Outlook

The document does not provide specific forward-looking statements or guidance regarding the company's financial performance or strategic direction, beyond the vesting schedule for the granted restricted stock units.

Industry Context

This Form 4 filing reflects a routine equity compensation event for a director in a technology company, common across various industries to incentivize long-term commitment and align interests with shareholders. Amprius Technologies operates in the advanced battery technology sector, where attracting and retaining key talent, including board members, is crucial for innovation and growth.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) as a form of director compensation is a common practice across publicly traded companies, particularly in the technology sector.
• This method aligns director incentives with shareholder value by tying compensation to the company's stock performance and continued service.
• While specific grant sizes vary based on company size, director responsibilities, and compensation policies, the use of RSUs is a standard governance practice.
• No specific comparable companies or projects are mentioned in this filing to allow for a direct quantitative comparison of the grant size.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns their interests with shareholders, potentially encouraging long-term value creation.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The granted restricted stock units will vest 100% on the earlier of the one-year anniversary of the grant date (June 13, 2026) or the day before the next annual meeting of stockholders, subject to continued service.

Key Dates

Keywords

Amprius Technologies, AMPX, Restricted Stock Units, RSU, Director Compensation, Insider Ownership, SEC Form 4, Equity Grant, Stock Vesting