Amplitude appoints OpenAI’s Vijaye Raji to board
Raji may elect to receive annual cash compensation in RSUs and defer RSUs until an elected date, termination of service or a change in control.
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Rhea-AI Filing Summary
Amplitude, Inc. (AMPL) appointed Vijaye Raji, Statsig’s founder and former CEO and OpenAI’s CTO of Applications, as a Class III director on October 15, 2026. The new seat increases the Board from eight to nine directors. Raji’s initial term expires at the 2027 annual meeting and continues until his successor is elected and qualified, unless he earlier resigns, is disqualified, retires or is removed. He also joined the Cybersecurity Committee.
Under the Non-Employee Director Compensation Program, Raji will receive annual cash compensation of $30,000 for Board service and $4,000 for committee service, paid quarterly in arrears and prorated based on days served. His initial RSU award equals $525,000 divided by the average per-share closing trading price over the most recent 30 trading days as of the grant date. Annual RSU awards use the same calculation with $175,000, beginning at the first annual meeting for which the initial award will be fully vested within 12 months thereafter. He may elect cash compensation in RSUs and defer RSUs; all his equity awards accelerate in full in a change in control. Amplitude says Statsig continues as a platform and brand within the company.
Filing Explained
The filing further specifies that the initial restricted stock units vest one-third on each grant anniversary; each annual award vests on the earlier of its first anniversary or immediately before the next annual meeting, provided Raji remains on the board through vesting.
8-K Event Classification
Key Figures
Key Terms
restricted stock units financial
prorated financial
vesting date financial
change in control financial
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