Form 4: Amprius Technologies Executive Jonathan Bornstein Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jonathan Bornstein, President of Amprius Lab, sold 18,644 shares of Amprius Technologies common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 21, 2024, Jonathan Bornstein, President of Amprius Lab at Amprius Technologies, Inc., sold 18,644 shares of common stock.
- The sale was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The shares were sold at an average price of $1.04, with individual transactions ranging from $1.03 to $1.0523.
- Following the transaction, Bornstein still beneficially owns 1,528,251 shares, including 489,064 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment. This is a standard transaction to cover tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.
Industry Context
This is a routine Form 4 filing, indicating insider transactions. It's common for executives to sell shares to cover tax obligations when restricted stock units vest. The sale itself doesn't necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of the stock sale transaction. |
| 08/22/2024 | Date of signature by attorney-in-fact. |
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