Ambiq Micro (AMBQ) President and COO receives 64,246-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chen Sean Chihhsiang reported acquisition or exercise transactions in this Form 4 filing.
Ambiq Micro, Inc. President and COO Sean Chihhsiang Chen received an equity grant of 64,246 shares of common stock in the form of restricted stock units. The award was granted at no cash cost and increased his directly held common stock position to 120,275 shares.
Each RSU represents one share of common stock upon settlement. According to the vesting schedule, 25% of the RSUs will vest on September 1, 2027, with the remaining units vesting in equal quarterly installments over the following three years, subject to his continuous service under the company’s 2025 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chen Sean Chihhsiang
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 64,246 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 120,275 shares (Direct)
Footnotes (1)
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FAQ
What did Ambiq Micro (AMBQ) disclose about Sean Chen’s latest equity grant?
Ambiq Micro reported that President and COO Sean Chihhsiang Chen received a grant of 64,246 restricted stock units. Each RSU represents one share of common stock, awarded at no cash cost as part of his compensation package under the 2025 Equity Incentive Plan.
What is the vesting schedule for Sean Chen’s 64,246 Ambiq Micro RSUs?
The 64,246 restricted stock units vest over several years. Twenty-five percent of the RSUs vest on September 1, 2027, and the remaining units vest in equal quarterly installments thereafter, contingent on Sean Chen maintaining continuous service with Ambiq Micro.
Is Sean Chen’s Ambiq Micro RSU grant an open-market purchase or a compensation award?
The Form 4 classifies Sean Chen’s transaction as a grant or award acquisition, not an open-market purchase. The RSUs were granted at a price of $0.0000 per share as part of his equity compensation, subject to the company’s standard vesting conditions.
What does each restricted stock unit (RSU) represent in Ambiq Micro’s Form 4 filing?
Each restricted stock unit granted to Sean Chen represents a contingent right to receive one share of Ambiq Micro common stock. The shares are delivered only as the RSUs vest under the specified schedule and continuous service requirements set out in the 2025 Equity Incentive Plan.
What conditions must be met for Sean Chen’s Ambiq Micro RSUs to vest?
Vesting of Sean Chen’s RSUs depends on his continuous service with Ambiq Micro. The footnote specifies that vesting is subject to the definition of Continuous Service in the company’s 2025 Equity Incentive Plan governing the award’s terms and schedule.