STOCK TITAN

Ambarella (NASDAQ: AMBA) COO sells 2,951 shares to cover taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Ambarella Inc. Chief Operations Officer W. Chan Lee reported an open-market sale of Ordinary Shares primarily to cover tax obligations from vesting restricted stock units. Lee sold 2,951 shares at an average price of $67.87 per share and continues to hold 157,098 shares directly after the transaction.

Positive

  • None.

Negative

  • None.
Insider Lee Chan W
Role Chief Operations Officer
Sold 2,951 shs ($200K)
Type Security Shares Price Value
Sale Ordinary Shares 2,951 $67.87 $200K
Holdings After Transaction: Ordinary Shares — 157,098 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 2,951 shares Open-market sale on 2026-06-17
Sale price $67.87 per share Average price for Ordinary Shares sold
Shares held after transaction 157,098 shares Direct ownership following sale
Net shares sold 2,951 shares Net sell direction in transaction summary
Ordinary Shares financial
"security_title: "Ordinary Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
restricted stock units financial
"tax obligations resulting from the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax obligations financial
"Shares sold to pay tax obligations resulting from the vesting"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lee Chan W

(Last)(First)(Middle)
3001 TASMAN DRIVE

(Street)
SANTA CLARA CALIFORNIA 95054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AMBARELLA INC [ AMBA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operations Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares06/17/2026S2,951(1)D$67.87157,098D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
By: /s/ Michael Morehead, Attorney-in-Fact For: Chan W. Lee06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AMBA COO W. Chan Lee report?

W. Chan Lee reported selling 2,951 Ordinary Shares of Ambarella Inc. at $67.87 per share. The sale was disclosed as an open-market transaction and was linked to tax obligations from vested restricted stock units.

Why did the AMBA COO sell 2,951 shares of Ambarella stock?

The shares were sold to pay tax obligations arising from the vesting of restricted stock units. This type of sale is typically administrative, helping cover income tax due when stock-based compensation vests, rather than reflecting a strategic portfolio decision.

How many Ambarella (AMBA) shares does the COO hold after the sale?

After selling 2,951 shares, W. Chan Lee directly holds 157,098 Ordinary Shares of Ambarella Inc. This remaining position, disclosed in the filing, shows continued substantial ownership following the tax-related sale linked to restricted stock unit vesting.

Was the AMBA COO’s transaction an open-market sale?

Yes. The filing classifies the transaction as an open-market sale of Ordinary Shares. Although open-market, the accompanying footnote explains the sale’s purpose was to pay tax obligations from restricted stock unit vesting, indicating a primarily administrative motivation.

Does this Ambarella Form 4 indicate option exercises or derivatives?

No derivative transactions were reported in this Form 4. The filing shows only a non-derivative sale of Ordinary Shares, and the derivative position summary is empty, indicating no concurrent option exercises or other derivative security activities in this report.