[Form 4] Amplitude, Inc. Insider Trading Activity
Erica Schultz, a director of Amplitude, Inc. (AMPL), reported transactions dated 08/15/2025. She exercised 7,500 stock options at an exercise price of $4.19 and immediately sold 7,500 Class A shares under a 10b5-1 trading plan at a weighted average price of $11.4624, reducing her direct holdings from 114,906 to 107,406 Class A shares. The option is early-exercisable and vests monthly from December 10, 2020, fully vesting on its fourth anniversary; the exercised option increases her post-transaction option-derived ownership to 7,500 underlying shares.
- Transactions executed under a documented 10b5-1 trading plan, providing pre-planned and transparent disposition mechanics
- Reporting person retains substantial direct ownership after the sale: 107,406 Class A shares remain beneficially owned
- Clear disclosure of option vesting schedule (1/48th monthly from 12/10/2020, fully vested on the fourth anniversary) and exercise price
- Director sold 7,500 Class A shares, which may be viewed negatively by some market participants despite plan protections
- Weighted average sale price $11.4624 reflects realized liquidity rather than long-term hold, reducing share count from 114,906 to 107,406
Insights
TL;DR: Director exercised options then sold the same number of shares under a 10b5-1 plan, leaving substantial direct holdings.
The filing shows a routine insider action: exercise of 7,500 options at $4.19 followed by contemporaneous sales of 7,500 shares at a weighted average of $11.4624 executed pursuant to a 10b5-1 plan adopted March 12, 2025. This is administrative and liquidity-driven rather than an unexplained block sale; the director retains 107,406 Class A shares directly after the transactions. For investors, this is a transparent, pre-planned disposition rather than an unplanned exit signal.
TL;DR: Transactions conform to Rule 10b5-1 mechanics and disclose vesting and exercise details clearly.
The Form 4 discloses material mechanics: the sales were effected under a documented 10b5-1 plan and the option is early-exercisable with 1/48th monthly vesting from December 10, 2020. The filing provides the weighted average sale price range and offers to furnish full trade details upon request, meeting disclosure expectations for director transactions. This enhances governance transparency even as it documents an insider sale.