Form 4: Amprius Technologies Director Justin Mirro Sells Shares in Multiple Transactions

Director Justin Mirro reports selling shares of Amprius Technologies (AMPX) in a series of transactions between June 12 and June 14, 2024.

Summary

• Justin Mirro, a director of Amprius Technologies, sold shares of the company's common stock between June 12 and June 14, 2024.
• The sales were executed in multiple transactions at varying prices.
• On June 12, 2024, Mirro sold 210,000 shares at an average price of $1.2981 and 70,000 shares at an average price of $1.2985.
• On June 13, 2024, Mirro sold 195,000 shares at an average price of $1.2133 and 65,000 shares at an average price of $1.2163.
• On June 14, 2024, Mirro sold 195,000 shares at an average price of $1.131 and 65,000 shares at an average price of $1.131.
• Following these transactions, Mirro indirectly owns 1,467,142 shares through Kensington Capital Partners, LLC and 1,585,000 shares through the Kensington Capital Trust.
• Mirro also directly owns 142,895 shares, including 125,000 restricted stock units.

Sentiment

Score: 4

Explanation: The sentiment is neutral to slightly negative. While the filing itself is a standard procedure, insider selling can sometimes be interpreted negatively by the market.

Negatives

• A director selling shares could be perceived negatively by investors.

Risks

• Further sales by the director could put downward pressure on the stock price.

Industry Context

This filing is a routine disclosure of insider trading activity and doesn't necessarily indicate a broader trend in the battery technology industry.

Stakeholder Impact

• Shareholders may react to the news of the director's stock sales.

Key Dates