Form 4: Amprius Technologies Director Kang Sun Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Kang Sun reports acquisition of 1,419,670 restricted stock units in Amprius Technologies, Inc.
Summary
- On March 19, 2024, Kang Sun, a director and officer of Amprius Technologies, Inc., reported the acquisition of 1,419,670 restricted stock units (RSUs).
- Each RSU represents the right to receive one share of Amprius Technologies' common stock.
- The RSUs were acquired at a price of $0.
- The vesting schedule for the RSUs is 1/16th of the shares vesting on May 20, 2024, and then quarterly on August 20, November 20, February 20, and May 20, until fully vested on February 20, 2028, contingent upon continued service.
Sentiment
Score: 7
Explanation: The acquisition of RSUs by a director is generally a positive sign, indicating confidence in the company's future. However, it's a routine transaction, so the sentiment is moderately positive.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future performance.
Future Outlook
The vesting schedule indicates a long-term commitment by the director to the company.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects.
Stakeholder Impact
- The acquisition of RSUs by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of transaction: acquisition of restricted stock units |
| 05/20/2024 | Initial vesting date for 1/16th of the restricted stock units |
| 08/20/2024 | Quarterly vesting date |
| 11/20/2024 | Quarterly vesting date |
| 02/20/2028 | Final vesting date for the restricted stock units |
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