Form 4: Amprius Technologies Director Receives Significant Restricted Stock Unit Grant

Amprius Technologies, Inc. Director Wen Hsuan Hsieh was granted 44,444 restricted stock units, increasing his direct beneficial ownership to 187,339 shares.

Summary

• Wen Hsuan Hsieh, a Director of Amprius Technologies, Inc. (AMPX), acquired 44,444 shares of common stock in the form of restricted stock units (RSUs) on June 13, 2025.
• The reported acquisition price for these RSUs was $0, which is typical for equity compensation grants.
• These restricted stock units are scheduled to vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next annual meeting of stockholders, contingent upon Mr. Hsieh's continued service.
• Following this transaction, Mr. Hsieh's direct beneficial ownership in Amprius Technologies, Inc. increased to 187,339 shares, which includes the newly granted RSUs.
• His indirect beneficial ownership remains at 3,949,245 shares, primarily held through entities associated with Kleiner Perkins Caufield & Byers, with Mr. Hsieh disclaiming beneficial ownership except for any pecuniary interest.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. This is a routine insider transaction filing. The grant of equity to a director is generally viewed as a positive step for aligning interests, with no negative information disclosed.

Positives

• The grant of 44,444 restricted stock units to a director helps align management incentives with shareholder interests, as vesting is tied to continued service and future stock performance.
• The director's continued service as a condition for vesting indicates a commitment to the company's long-term success.

Risks

• The vesting of the 44,444 restricted stock units is contingent upon the reporting person's continued service as a director, meaning the shares are not guaranteed if his service ceases before the vesting date.

Future Outlook

The document indicates that the granted restricted stock units will vest on the earlier of the one-year anniversary of the grant date or the day before the next annual meeting of stockholders, contingent on the director's continued service.

Industry Context

This SEC Form 4 filing reports a routine insider transaction involving an equity grant to a director. Such grants are a common practice across various industries, including technology and advanced materials, to incentivize and retain key personnel by aligning their financial interests with the company's performance and shareholder value.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) to a director is a standard form of equity compensation widely adopted by publicly traded companies across diverse sectors, including technology and advanced materials like Amprius.
• While the specific size of the grant (44,444 RSUs) is disclosed, this document does not provide sufficient context or data to compare it against the compensation practices of specific peer companies or industry benchmarks. A detailed assessment would require a broader review of executive and director compensation reports from comparable firms.

Related Party Transactions

• Indirect beneficial ownership of 3,949,245 shares is held through Kleiner Perkins Caufield & Byers XIV, LLC (KPCB XIV) and KPCB XIV Founders Fund, LLC (KPCB XIV Founders). Wen Hsuan Hsieh is a managing member of KPCB XIV Associates, LLC, which manages KPCB XIV and KPCB XIV Founders, indicating a related party relationship.
• KPCB Holdings, Inc. received 3,849,245 shares in a pro rata distribution from Amprius, Inc. (Amprius Holdings) during its dissolution, which was exempt under Rule 16a-9.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns the director's interests with shareholders by tying a portion of their compensation to the company's stock performance and requiring continued service, potentially fostering long-term value creation.
• Employees: No direct impact on employees is mentioned in this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is mentioned in this filing.

Next Steps

• Vesting of the 44,444 restricted stock units will occur on the earlier of the one-year anniversary of the grant date or the day before the next annual meeting of stockholders, subject to the director's continued service.

Key Dates

Keywords

Amprius Technologies, AMPX, Wen Hsuan Hsieh, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Beneficial Ownership, Director Compensation, Equity Grant