Form 4: Amprius Technologies Executive Sells Shares to Cover Tax Obligations

Jonathan Bornstein, President of Amprius Lab, sold shares of Amprius Technologies common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On May 21 and May 22, 2024, Jonathan Bornstein, President of Amprius Lab at Amprius Technologies, sold shares of common stock.
• The sales were executed to cover tax withholding obligations related to the vesting of restricted stock units.
• On May 21, 11,171 shares were sold at an average price of $1.3276.
• On May 22, 8,731 shares were sold at an average price of $1.356.
• Following these transactions, Bornstein beneficially owns 1,546,895 shares, including 523,997 restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (stock sale for tax obligations) and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence, particularly to cover tax obligations related to equity compensation. The market typically views these sales in the context of overall executive compensation and company performance.

Stakeholder Impact

• The stock sales may have a minor dilutive effect on existing shareholders.

Key Dates