Form 4: Amprius Technologies Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Constantin Ionel Stefan, Chief Technology Officer of Amprius Technologies, sold shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Constantin Ionel Stefan, the Chief Technology Officer of Amprius Technologies, Inc., sold shares of the company's common stock on May 21 and May 22, 2024.
- The sales were executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- On May 21, 2024, 5,272 shares were sold at an average price of $1.3276 per share.
- On May 22, 2024, 4,121 shares were sold at an average price of $1.356 per share.
- Following these transactions, Stefan directly owns 394,968 shares of Amprius Technologies common stock, including 351,159 restricted stock units.
Sentiment
Score: 5
Explanation: The document reflects a neutral sentiment as it reports routine stock sales for tax purposes, which is a common practice among executives.
Industry Context
Executive stock sales are a common occurrence, particularly to cover tax obligations related to equity compensation. This transaction is a routine part of executive compensation and doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Sale of 5,272 shares of common stock at an average price of $1.3276. |
| 05/22/2024 | Sale of 4,121 shares of common stock at an average price of $1.356. |
| 05/24/2024 | Date of signature by attorney-in-fact, Sandra Wallach, on behalf of Constantin Ionel Stefan. |
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