AmpliTech Group (AMPG) COO converts Series A rights into common stock
Rhea-AI Filing Summary
AmpliTech Group, Inc. Chief Operating Officer Jorge Luis Flores exercised 1,000 Series A Rights on July 22, 2026, converting them into 1,000 shares of common stock at $5.00 per share. These rights were originally acquired on January 14, 2026 in a Units Rights Offering, and he now directly holds 77,000 common shares with no remaining Series A Rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
Flores Jorge Luis
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Series A Rights F1, F2 | 1,000 | -- | -- |
| Exercise | Common Stock F1 | 1,000 | $5.00 | $5K |
Holdings After Transaction:
Series A Rights — 0 shares (Direct);
Common Stock — 77,000 shares (Direct)
Footnotes (2)
- F1. On January 14, 2026, the Reporting Person acquired the Series A Rights in connection with the exercise of unit subscription rights issued to the Reporting Person and other stockholders and eligible warrantholders on a pro rata basis in the Issuer's Units Rights Offering. The closing for the Series A Rights occurred on July 22, 2026. The shares acquired upon exercise of the Series A Rights are exempt from reporting under Rule 16b-3.
- F2. By the terms of the Series A Rights, any unexercised Series A Rights expired on July 18, 2026.
Key Figures
Series A Rights Exercised: 1000.0000 rights
Common Shares Acquired: 1000.0000 shares
Exercise Price: $5.0000
+4 more
7 metrics
Series A Rights Exercised
1000.0000 rights
Derivative securities (Series A Rights) exercised on 2026-07-22
Common Shares Acquired
1000.0000 shares
Common stock received upon exercise/conversion of Series A Rights
Exercise Price
$5.0000
Per-share price for common stock acquired via Series A Rights exercise
Shares Owned After Transaction
77000.0000 shares
Total direct common stock holdings of Jorge Luis Flores after transactions
Series A Rights Position After
0.0000 rights
Remaining Series A Rights held by Flores following the exercise
Rights Expiration Date
2026-07-18
By terms of the Series A Rights, any unexercised rights expired on this date
Original Rights Acquisition Date
2026-01-14
Date Flores acquired Series A Rights in the Issuer's Units Rights Offering
Key Terms
Series A Rights, Units Rights Offering, Rule 16b-3
3 terms
Series A Rights financial
"The Reporting Person acquired the <b>Series A Rights</b> in connection with the exercise"
Series A rights are the specific protections and privileges attached to the first round of preferred shares sold to early investors, such as priority on company payouts, special voting influence, and the ability to keep their ownership percentage in later financing rounds. Think of them like a VIP ticket that gives holders safer exit priority and stronger say in company decisions, which matters to investors because those rights reduce risk and preserve value.
Units Rights Offering financial
"on a pro rata basis in the Issuer's <b>Units Rights Offering</b>"
Rule 16b-3 regulatory
"The shares acquired upon exercise of the Series A Rights are exempt from reporting under <b>Rule 16b-3</b>"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AmpliTech (AMPG) report for COO Jorge Luis Flores?
AmpliTech reported that COO Jorge Luis Flores exercised 1,000 Series A Rights on July 22, 2026, converting them into 1,000 shares of common stock. The transaction eliminated his reported Series A Rights position and increased his direct common share holdings.
What are the Series A Rights mentioned in the AmpliTech (AMPG) filing?
The Series A Rights were acquired by Flores on January 14, 2026 in connection with a Units Rights Offering to stockholders and eligible warrantholders. Exercising these rights allowed him to receive common stock; any unexercised rights expired on July 18, 2026.
Were any Series A Rights left after Flores’s AmpliTech (AMPG) transaction?
No Series A Rights remain reported for Flores; his derivative holdings show 0.0000 Series A Rights after the transaction. By their terms, any unexercised Series A Rights expired on July 18, 2026, as described in the filing’s footnotes.
Was Flores’s AmpliTech (AMPG) transaction under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not checked, so the filing does not affirm that this transaction was made under a pre-arranged 10b5-1 trading plan. No separate footnote indicates a trading-plan arrangement for these exercises.