Director at Ambiq Micro (NASDAQ: AMBQ) receives 4,957-share RSU grant
Rhea-AI Filing Summary
Banks Bernard Bennett reported acquisition or exercise transactions in this Form 4 filing.
Ambiq Micro, Inc. director Bernard Bennett Banks received an equity grant in the form of restricted stock units. The award covers 4,957 shares of common stock at no purchase price and represents a compensation-related grant rather than an open-market transaction.
The RSUs vest in three equal annual installments after the grant date. Each installment vests on the earlier of the first, second, and third anniversaries of the grant date or the company’s corresponding first three annual stockholder meetings, subject to the director’s continuous service under Ambiq Micro’s 2025 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,957 shares
Net Buy
1 txn
Insider
Banks Bernard Bennett
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,957 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 4,957 shares (Direct)
Footnotes (1)
- F1. Represents the grant of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in three equal annual installments following the date of grant, with each annual RSU vesting to occur on the earlier of: (i) the first, second, or third anniversary of the grant date, as applicable, or (ii) the date of the Company's first, second, or third annual stockholder meeting following the grant date, as applicable (or the date immediately prior to the applicable annual stockholder meeting if the Reporting Person's service as a director ends at such meeting due to the director's failure to be re-elected or the director not standing for re-election), subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2025 Equity Incentive Plan).
Key Figures
RSU grant size: 4,957 shares
Price per RSU: $0.00 per share
Shares after transaction: 4,957 shares
+1 more
4 metrics
RSU grant size
4,957 shares
Restricted stock units awarded to director
Price per RSU
$0.00 per share
Reported transaction price on grant
Shares after transaction
4,957 shares
Total common stock reported following grant
Vesting installments
3 equal annual tranches
RSUs vest over three annual periods
Key Terms
restricted stock units ("RSUs"), Continuous Service, 2025 Equity Incentive Plan
3 terms
restricted stock units ("RSUs") financial
"Represents the grant of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Continuous Service financial
"subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2025 Equity Incentive Plan)"
2025 Equity Incentive Plan financial
"as defined in the Issuer's 2025 Equity Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ambiq Micro (AMBQ) report for Bernard Bennett Banks?
Ambiq Micro reported that director Bernard Bennett Banks received a grant of 4,957 restricted stock units, representing a right to receive the same number of common shares as equity compensation, rather than buying shares in the open market.
What is the vesting schedule for Bernard Bennett Banks’ Ambiq Micro RSUs?
The 4,957 RSUs vest in three equal annual installments. Each installment vests on the earlier of the first, second, or third anniversary of the grant date, or the company’s first three annual stockholder meetings, assuming the director’s continuous service.
Does Bernard Bennett Banks pay anything for the Ambiq Micro RSU grant?
No cash payment is required for the RSU grant, which is reported at a per-share price of $0.00. The award functions as stock-based compensation, giving the director contingent rights to receive common shares upon vesting conditions being satisfied.
What happens if Bernard Bennett Banks stops serving as an Ambiq Micro director?
Vesting of the RSUs is conditioned on continuous service under Ambiq Micro’s 2025 Equity Incentive Plan. If service ends before a vesting date, unvested units may lapse, although specific outcomes depend on the plan’s detailed provisions and circumstances.