AmpliTech Group, Inc. (AMPG) grants director 15,000 restricted stock units
Rhea-AI Filing Summary
AmpliTech Group, Inc. director Shailesh Modi reported an equity grant from the company. On 12/12/2025, he acquired 15,000 shares of AmpliTech common stock at $3.08 per share, bringing his beneficial ownership to 15,000 shares held directly.
According to the footnote, these 15,000 shares represent restricted stock units issued under AmpliTech's Amended and Restated 2020 Equity Incentive Plan as compensation for services under a Director Agreement dated January 20, 2025. This filing reflects routine director compensation in the form of company equity.
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FAQ
What insider transaction did AmpliTech Group (AMPG) report for director Shailesh Modi?
Director Shailesh Modi reported acquiring 15,000 shares of AmpliTech Group, Inc. common stock as an equity grant on 12/12/2025.
What was the price and date of the AmpliTech (AMPG) director stock grant?
The grant to director Shailesh Modi occurred on 12/12/2025 at a reported price of $3.08 per share for the 15,000 common shares.
How many AmpliTech (AMPG) shares does Shailesh Modi own after this transaction?
Following the reported transaction, 15,000 AmpliTech common shares are shown as beneficially owned by Shailesh Modi, held in direct ownership.
Was the AmpliTech (AMPG) stock grant to the director part of an equity incentive plan?
Yes. The filing explains that the 15,000 shares relate to restricted stock units issued under AmpliTech's Amended and Restated 2020 Equity Incentive Plan.
What is the reason for the restricted stock unit grant reported by AmpliTech (AMPG)?
The restricted stock units were issued as compensation for services provided to the company under a Director Agreement dated January 20, 2025.
Is Shailesh Modi a director or officer of AmpliTech Group (AMPG)?
The filing identifies Shailesh Modi as a Director of AmpliTech Group, Inc., with the director box checked in the relationship section.