Form 4: Amprius Technologies Director Steven Chu Granted 44,444 Restricted Stock Units

Amprius Technologies, Inc. Director Steven Chu has been granted 44,444 restricted stock units, increasing his beneficial ownership in the company.

Summary

• Steven Chu, a Director of Amprius Technologies, Inc. (AMPX), was granted 44,444 shares of common stock in the form of Restricted Stock Units (RSUs) on June 13, 2025.
• These RSUs were granted at a price of $0, indicating they are part of his compensation package.
• Each restricted stock unit represents the right to receive one share of the issuer's common stock.
• The RSUs will vest 100% on the earlier of (i) the one-year anniversary of the grant date (June 13, 2026) or (ii) the day before the next annual meeting of stockholders, subject to Mr. Chu's continued service as of the vesting date.
• Following this transaction, Steven Chu's total beneficial ownership in Amprius Technologies, Inc. is 189,839 shares, which includes these 44,444 restricted stock units.

Sentiment

Score: 7

Explanation: The grant of RSUs to a director is a standard compensation practice that aligns management interests with shareholders, which is generally viewed positively. It does not, however, provide direct insight into the company's operational or financial performance.

Positives

• The grant of Restricted Stock Units to Director Steven Chu aligns his financial interests with those of the shareholders, as his compensation is tied to the company's future stock performance.
• An increase in beneficial ownership by a director can signal continued commitment and confidence in the company's future.

Risks

• The granted Restricted Stock Units are subject to a vesting schedule, meaning they could be forfeited if the reporting person's service to the company ceases before the vesting conditions are met.
• The ultimate value of the RSUs upon vesting is dependent on the future market price of Amprius Technologies, Inc. common stock, introducing market risk.

Future Outlook

The 44,444 Restricted Stock Units granted to Director Steven Chu are scheduled to 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, contingent on his continued service.

Industry Context

This Form 4 filing is a routine disclosure of an insider equity transaction, specifically a compensation grant to a director. It does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director helps align the director's financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term shareholder value.

Next Steps

• Vesting of the 44,444 Restricted Stock Units based on the specified schedule (earlier of one-year anniversary of grant or day before next annual meeting).
• Continued service of Steven Chu as a Director of Amprius Technologies, Inc.

Key Dates

Keywords

Amprius Technologies, AMPX, Steven Chu, Form 4, SEC filing, Restricted Stock Units, RSU, Director, Insider Transaction, Equity Grant, Stock Compensation