AmpliTech (AMPG) CFO cashless option exercise and sale of 50,000 shares
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
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 50,000 shares ($64K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Sanfratello Louisa
Role
Chief Financial Officer
Sold
50,000 shs ($240K)
Approx. gross sale proceeds
$240K
Approx. exercise cost
$176K
Approx. pre-tax spread
$64K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 50,000 | $0.00 | $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);
Common Stock — 60,000 shares (Direct)
Footnotes (3)
- F1. Represents the exercise of options which were originally granted on November 26, 2021 and were fully vested on the date of grant.
- F2. 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.
- F3. 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.
Key Figures
Shares sold: 50,000 shares
Weighted average sale price: $4.8028 per share
Options exercised: 50,000 options
+5 more
8 metrics
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
Key Terms
broker assisted cashless exercise, weighted average price, Stock Option (right to buy), fully vested, +1 more
5 terms
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""
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.