Ambarella CEO exercises options, sells 50K shares
Ambarella, Inc. director and CEO Feng-Ming Wang reported multiple equity transactions on March 2, 2026.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 50,000 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 53,203 | $0.00 | $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 | $0.00 |
Footnotes (10)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on October 8, 2025.
- F2. 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 $$57.7899 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- F3. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $58.16 to $$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.
- F4. 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 $$60.1599 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- F5. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $60.21 to $$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.
- F6. 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.
- F7. The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2026.
- F8. The shares vest at the rate of 1/42 per month commencing on March 15, 2016.
- F9. Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F10. 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.
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What did Ambarella (AMBA) CEO Feng-Ming Wang report in this Form 4?
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Were Ambarella (AMBA) CEO stock sales part of a prearranged plan?
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