Form 4: Director Livingston Satterthwaite Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Livingston Satterthwaite was granted 10,423 restricted stock units in Amprius Technologies, Inc.
Summary
- Director Livingston Satterthwaite acquired 10,423 restricted stock units (RSUs) on June 12, 2026.
- Each RSU represents a contingent right to receive one share of Amprius Technologies, Inc. common stock.
- The RSUs vest on the earlier of the one-year anniversary of the grant or the day before the next annual meeting of stockholders.
- Following this transaction, the director's total beneficial ownership is 346,506 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the director's continued service with the company.
Future Outlook
The RSUs are subject to a standard vesting schedule tied to continued service as a director.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure alignment between leadership and shareholders in the battery technology sector.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with standard compensation practices for publicly traded technology companies.
- The vesting schedule aligns with typical annual equity refresh cycles for board members.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Livingston Satterthwaite granted power of attorney to Thomas M. Stepien, Ricardo C. Rodriguez, and Siyu Jiang for SEC filings. | 2025-11-05 | Standard administrative procedure to facilitate timely regulatory reporting. |
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- Vesting of the 10,423 RSUs on the earlier of the one-year anniversary or the next annual meeting.
Key Dates
| Date | Description |
|---|---|
| 2025-11-05 | Date of Power of Attorney execution. |
| 2026-06-12 | Date of RSU grant transaction. |
| 2026-06-16 | Date of filing. |
Keywords
Amprius Technologies, AMPX, Form 4, Director Compensation, Restricted Stock Units, Insider Transaction
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