Andrew Casey (CFO) reports RSU tax-withholding; 1,128,108 AMPL shares held
Rhea-AI Filing Summary
Andrew Casey, Chief Financial Officer and director of Amplitude, Inc. (AMPL), reported a transaction dated 08/15/2025. The Form 4 shows 54,399 shares of Class A common stock were withheld by the company to satisfy tax withholding related to the net issuance from RSU vesting; this is reported with a per-share amount of $11.47. After the withholding, Mr. Casey is reported to beneficially own 1,128,108 shares, which the filing notes include 883,657 restricted stock units (RSUs). The filing indicates the transaction represents tax withholding and does not represent a sale by the reporting person.
Positive
- Transaction is a tax-withholding on RSU vesting, not an open-market sale
- Reporting person retains a substantial beneficial position: 1,128,108 shares including 883,657 RSUs
Negative
- Net direct holdings were reduced by 54,399 shares due to tax withholding
Insights
TL;DR: Tax-withholding from RSU vesting reduced net issuance by 54,399 shares; significant RSU holdings remain.
The reported withholding of 54,399 Class A shares at $11.47 per share reflects routine tax-satisfaction on RSU vesting rather than an open-market disposition. Including 883,657 RSUs within a total beneficial position of 1,128,108 shares signals concentrated insider compensation tied to equity-based incentives. For investors, this is a neutral governance signal: alignment via equity ownership persists, and the transaction does not indicate liquidity-driven selling pressure.
TL;DR: This is a standard insider tax-withholding event from RSU vesting, not an opportunistic sale.
The Form 4 clarifies the withheld shares were used solely to meet tax obligations on RSU vesting and explicitly states the reporting person did not sell shares. High RSU counts (883,657) imply ongoing retention incentives for the CFO. From a governance perspective, such withholdings are common and maintain executive ownership levels while satisfying tax rules; they do not alter voting control disclosed in the filing.