Amprius (AMPX) names CFO; 200,000 RSUs & $451K salary
Amprius Technologies, Inc. (AMPX) appointed Matthew Rodriguez as Chief Financial Officer and engaged outgoing CFO Ms. Wallach as a consultant to support transition.
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Rhea-AI Filing Summary
Amprius Technologies, Inc. (AMPX) appointed Matthew Rodriguez as Chief Financial Officer and engaged outgoing CFO Ms. Wallach as a consultant to support transition. Mr. Rodriguez will receive an annual base salary of $451,000, a one-time sign-on bonus of $80,000 (repayable if he voluntarily leaves within 12 months), and relocation/temporary housing support up to $50,000 (also subject to repayment). He becomes eligible for an annual cash bonus beginning in 2026 with a target equal to 65% of base salary, based on Board-determined performance goals.
Equity compensation includes 200,000 restricted stock units granted with an October 6, 2025 grant date: 25% vests after one year and the remainder vests quarterly over three years, subject to continued employment. If terminated without Cause (or for Good Reason by Mr. Rodriguez) he is eligible for three months of base-salary continuation upon execution of a release. Ms. Wallach will provide transitional CFO services at $200 per hour under a consulting agreement.
Positive
- Experienced hire with automotive and finance background including roles at Aspen Aerogels, Aptiv and Lazard
- Substantial equity award of 200,000 RSUs ties compensation to long-term retention and performance
- Sign-on and relocation payments are repayable if the executive leaves within 12 months, protecting company cash
- Outgoing CFO retained as consultant at $200/hour to support a structured transition
Negative
- Limited severance protection: only three months of base salary continuation on termination without Cause
- Performance bonus metrics are unspecified and will be set by the Board in its sole discretion
- Potential near-term dilution from 200,000 RSUs pending further disclosure of outstanding share count
Insights
Compensation package aligns pay with retention and performance through multi-year equity and deferred bonuses.
The package combines a market-level base salary of $451,000, a 65%-targeted annual bonus (starting 2026) and a sizeable 200,000 RSU grant that vests 25% after one year then quarterly over three years, which strongly links pay to multi-year retention.
Key governance points: short severance (three months) reduces long-term cash exposure; sign-on and relocation payments are repayable if he leaves within 12 months, protecting the company against early departures. Monitor the Board-set performance metrics and the dilution impact of the RSU grant relative to outstanding shares over the next 12–36 months.
Near-term cash and hiring costs are modest; equity is the primary retention lever.
Immediate cash outlays include an $80,000 sign-on, up to $50,000 relocation, and consulting fees at $200/hour for transitional support. These are one-time or time-limited expenses and are recoverable if Mr. Rodriguez voluntarily leaves within 12 months.
Operationally, the quarterly vesting schedule ties his incentive to continued financial execution; expect the company to budget for headcount and compensation uplift during integration over the next 6–18 months and to disclose the detailed grant agreement as an exhibit in the upcoming quarterly report.
8-K Event Classification
FAQ
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Who is the new CFO of Amprius (AMPX)?
What is Mr. Rodriguez's base salary at AMPX?
What equity did the new CFO receive?
Is there a sign-on or relocation payment for the AMPX CFO?
What severance is provided if the CFO is terminated without cause?
Will the company disclose the full agreements?
AI-generated analysis. How Rhea-AI works. Not financial advice.