Ambarella (NASDAQ: AMBA) COO sells 2,951 shares to cover taxes
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 2,951 shares ($200,284)
Net Sell
1 txn
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)
- [object Object]
Key Figures
Shares sold: 2,951 shares
Sale price: $67.87 per share
Shares held after transaction: 157,098 shares
+1 more
4 metrics
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
Key Terms
Ordinary Shares, restricted stock units, open-market sale, tax obligations
4 terms
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"
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.
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.