STOCK TITAN

AmpliTech (AMPG) CFO cashless option exercise and sale of 50,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AmpliTech Group, Inc. Chief Financial Officer Louisa Sanfratello reported an exercise-and-sale sequence involving 50,000 shares of common stock. She exercised stock options for 50,000 shares at an exercise price of $3.52 per share, originally granted and fully vested on November 26, 2021. The resulting 50,000 common shares were then sold in open-market transactions at a weighted average price of about $4.8028 per share, with individual trade prices ranging from $4.78 to $4.87. A portion of the sale proceeds was used to cover the option exercise price, withholding tax obligations, and broker fees and commissions through a broker-assisted cashless exercise, and the filing indicates a net sale of 50,000 shares relative to her prior position while eliminating the remaining options from this grant.

Positive

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Negative

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Insider Sanfratello Louisa
Role Chief Financial Officer
Sold 50,000 shs ($240K)
Type Security Shares Price Value
Exercise Stock Option (right to buy) 50,000 $0.00 --
Exercise Common Stock 50,000 $3.52 $176K
Sale Common Stock 50,000 $4.8028 $240K
Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct, null); Common Stock — 110,000 shares (Direct, null)
Footnotes (1)
  1. Represents the exercise of options which were originally granted on November 26, 2021 and were fully vested on the date of grant. A portion of this sale includes the same-day sale of common stock to cover the exercise price, withholding tax obligations and broker fees and commissions, pursuant to a broker assisted cashless exercise of the fully vested stock options. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.78 to $4.87, inclusive. Upon request by the Securities and Exchange 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 transaction.
Shares sold 50,000 shares Common stock sold in open-market transactions on May 28, 2026
Weighted average sale price $4.8028 per share Common stock sales between $4.78 and $4.87
Options exercised 50,000 options Stock options converted into common stock on May 28, 2026
Option exercise price $3.52 per share Exercise price for options granted November 26, 2021
Net share change -50,000 shares NetBuySellShares from transaction summary (net-sell)
Option grant date November 26, 2021 Options were originally granted and fully vested on this date
Option expiration date November 26, 2026 Expiration date listed before full exercise of this option grant
Exercise count 1 derivative exercise ExerciseCount in transaction summary for this Form 4
broker assisted cashless exercise financial
"pursuant to a broker assisted cashless exercise of the fully vested stock options"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (right to buy) financial
"security_title": "Stock Option (right to buy)""
fully vested financial
"were originally granted on November 26, 2021 and were fully vested on the date of grant."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sanfratello Louisa

(Last)(First)(Middle)
C/O AMPLITECH GROUP, INC
155 PLANT AVENUE

(Street)
HAUPPAUGE, NEW YORK 11788

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AmpliTech Group, Inc. [ AMPG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/28/2026M50,000(1)A$3.52110,000D
Common Stock05/28/2026S50,000(2)D$4.8028(3)60,000D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$3.5205/28/2026M50,000(1)11/26/202111/26/2026Common Stock50,000$00D
Explanation of Responses:
1. Represents the exercise of options which were originally granted on November 26, 2021 and were fully vested on the date of grant.
2. A portion of this sale includes the same-day sale of common stock to cover the exercise price, withholding tax obligations and broker fees and commissions, pursuant to a broker assisted cashless exercise of the fully vested stock options.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.78 to $4.87, inclusive. Upon request by the Securities and Exchange 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 transaction.
/s/ Louisa Sanfratello05/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did AmpliTech (AMPG) CFO Louisa Sanfratello report in this Form 4?

AmpliTech CFO Louisa Sanfratello reported exercising 50,000 stock options and selling 50,000 common shares. The transactions reflect an exercise-and-sale pattern tied to fully vested options originally granted on November 26, 2021, with a broker-assisted cashless structure.

How many AmpliTech (AMPG) shares did the CFO sell and at what price?

The CFO sold 50,000 shares of AmpliTech common stock at a weighted average price of about $4.8028. Individual trades occurred between $4.78 and $4.87 per share, according to the filing’s weighted-average price disclosure.

What was the exercise price of the AmpliTech (AMPG) stock options used by the CFO?

The stock options exercised by the CFO had an exercise price of $3.52 per share. Exercising 50,000 options at this price converted them into 50,000 common shares before the subsequent open-market sale.

Was the AmpliTech (AMPG) CFO transaction a cashless exercise?

Yes. The filing notes a broker-assisted cashless exercise where part of the same-day share sale covered the option exercise price, withholding tax obligations, and broker fees and commissions related to the transaction.

Did the AmpliTech (AMPG) CFO retain any options from this specific grant?

For this specific 50,000-share option grant, the filing shows the derivative position falling to zero after exercise. This indicates all options from that grant, originally issued on November 26, 2021, were fully exercised in the transaction.

What is the net share impact of the AmpliTech (AMPG) CFO’s reported transactions?

The transaction summary indicates a net sale of 50,000 shares relative to the CFO’s prior holdings. This combines the 50,000-share option exercise with the 50,000-share open-market sale on the same date.