Form 4: Amprius Technologies President Thomas M. Stepien Acquires 400,000 Restricted Stock Units

Thomas M. Stepien, President of Amprius Technologies, acquired 400,000 restricted stock units on May 1, 2025, according to a recent SEC Form 4 filing.

Summary

• On May 1, 2025, Thomas M. Stepien, President of Amprius Technologies, acquired 400,000 restricted stock units (RSUs).
• These RSUs represent the right to receive one share of Amprius Technologies' common stock per unit.
• The RSUs vest over a four-year period, starting with 1/4th vesting on May 20, 2026.
• The remaining RSUs will vest quarterly on August 20, November 20, February 20, and May 20, until fully vested on May 20, 2029, contingent upon continued service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs is a standard practice and indicates confidence in the executive and the company's future. The vesting schedule promotes long-term commitment.

Positives

• The grant of restricted stock units to a key executive like the President can align their interests with those of the shareholders, incentivizing them to work towards the company's long-term success.
• The vesting schedule encourages continued service and commitment from the executive.

Industry Context

Equity compensation is a common practice in the technology industry to attract and retain top talent. The vesting schedule is designed to align the executive's interests with the long-term performance of the company.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns management's interests with the company's long-term success.
• Employees may see this as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

Amprius Technologies, Thomas M. Stepien, Restricted Stock Units, RSU, Form 4, Beneficial Ownership, Vesting, Equity Compensation