Form 144: Amphastar (AMPH) insider to sell 500 RSU shares on 10/01/2025
Rhea-AI Filing Summary
Insider sale notice for AMPH: This Form 144 shows a proposed sale of 500 shares of Amphastar Pharmaceuticals common stock through UBS Financial Services on or about 10/01/2025, with an aggregate market value listed as $13,370.00. The shares were originally acquired as RSUs on 06/07/2022. The filer previously sold three blocks of 500 shares each during July, August and September 2025, generating gross proceeds of $11,733.95, $10,415.75, and $15,491.65 respectively. The filing lists total shares outstanding as 46,495,077, indicating the planned sale is a small fraction of the company’s outstanding shares. The notice includes the signer’s representation that no undisclosed material adverse information about the issuer is known.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale of RSU-derived shares; transaction size is immaterial relative to outstanding shares.
The filer intends to sell 500 shares (~$13.4k) via UBS on 10/01/2025 and has sold three prior 500-share blocks in the past three months. Shares originated from RSUs awarded 06/07/2022. Given the company’s reported outstanding shares of 46,495,077, these transactions represent de minimis dilution or supply impact. The filing complies with Rule 144 disclosure requirements and includes the standard attestation regarding material nonpublic information.
TL;DR: Disclosure appears proper; multiple small disposals suggest personal liquidity rather than signaling company issues.
The Form 144 documents repeated small sales over consecutive months and a planned sale, all sourced from RSUs. From a governance perspective, repeated small insider sales are common for tax or diversification purposes. The seller affirms no undisclosed material adverse information, and the filing names the broker and approximate sale date, satisfying procedural requirements. There is no indication of unusual timing or materiality in this filing.