Ambarella (AMBA) CEO logs 50K share sale and new 53,203-PSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ambarella, Inc. director and CEO Feng-Ming Wang reported multiple equity transactions on March 2, 2026. He exercised a non-qualified stock option for 50,000 Ordinary Shares at $41.36 per share and then sold a total of 50,000 Ordinary Shares in several open-market trades under a Rule 10b5-1 trading plan, at weighted average prices ranging from about $56.79 to $62.2199 per share. He also received a grant of 53,203 Performance Stock Units and a matching 53,203-share Ordinary Share award that vest over time and are tied to the company’s total shareholder return and revenue growth from February 1, 2026 through January 31, 2029. Following these transactions, Wang directly owned 822,182 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($3,040,031)
Net Sell
9 txns
Insider
Wang Feng-Ming
Role
CEO
Sold
50,000 shs ($3.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 50,000 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 53,203 | $0.00 | -- |
| Exercise | Ordinary Shares | 50,000 | $41.36 | $2.07M |
| Sale | Ordinary Shares | 1,000 | $56.832 | $57K |
| Sale | Ordinary Shares | 1,900 | $58.77 | $112K |
| Sale | Ordinary Shares | 2,600 | $59.5269 | $155K |
| Sale | Ordinary Shares | 32,460 | $60.9127 | $1.98M |
| Sale | Ordinary Shares | 12,040 | $61.4236 | $740K |
| Grant/Award | Ordinary Shares | 53,203 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 0 shares (Direct);
Performance Stock Units — 53,203 shares (Direct);
Ordinary Shares — 818,979 shares (Direct)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on October 8, 2025. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $56.79 to $$57.7899 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $58.16 to $$59.1599 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $59.16 to $$60.1599 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $60.21 to $$61.2099 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $61.22 to $$62.2199 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2026. The shares vest at the rate of 1/42 per month commencing on March 15, 2016. Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares. Reporting person was granted an award of performance-based RSUs covering a target number of ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of the Target RSU Number is scheduled to vest on March 15, 2029, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be decreased by up to 100% or increased by up to 150% of the Target RSU Number or may remain the same, based on the Company's total shareholder return and revenue growth rate over the period of February 1, 2026 through January 31, 2029.
FAQ
What did Ambarella (AMBA) CEO Feng-Ming Wang report in this Form 4?
Ambarella CEO Feng-Ming Wang reported option exercises, planned stock sales, and new equity awards. He exercised 50,000 options, sold 50,000 Ordinary Shares under a Rule 10b5-1 plan, and received 53,203 Performance Stock Units plus 53,203 Ordinary Shares as time- and performance-based awards.
What new equity awards did Ambarella (AMBA) grant to its CEO?
Ambarella granted CEO Feng-Ming Wang 53,203 Performance Stock Units and a 53,203-share Ordinary Share award. The Performance Stock Units vest based on time and the company’s total shareholder return and revenue growth performance over February 1, 2026 through January 31, 2029.
How do the new Ambarella (AMBA) Performance Stock Units vest for the CEO?
The performance-based RSUs cover a target of 53,203 Ordinary Shares, scheduled to vest 100% on March 15, 2029. The actual shares earned can range from 0% to 150% of the target, depending on Ambarella’s total shareholder return and revenue growth over the stated performance period.
Were Ambarella (AMBA) CEO stock sales part of a prearranged plan?
Yes. The filing states the sales were made under a Rule 10b5-1 trading plan adopted on October 8, 2025. Such plans allow insiders to pre-schedule trades, helping separate personal diversification decisions from later nonpublic information they may receive.