Amplify Energy Corp. (AMPY) executive reports PSU vesting and share disposal
Rhea-AI Filing Summary
Amplify Energy Corp. reported an insider equity award settlement for senior vice president, general counsel and corporate secretary Eric M. Willis. On January 6, 2026, Willis acquired 29,462 shares of common stock at $0 per share through the settlement of previously granted performance stock units. The company’s compensation committee certified relative and absolute total shareholder return for the period from January 1, 2023 to December 31, 2025, resulting in the award vesting at 100% of the target amount.
On the same date, Willis disposed of 13,155 shares of common stock in an F-coded transaction at $4.57 per share. Following these transactions, he directly owns 239,060 shares of Amplify Energy common stock and holds 96,009 performance stock units that remain outstanding.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 29,462 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 29,462 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 13,155 | $4.57 | $60K |
Footnotes (1)
- Reflects shares of common stock, par value $0.01 per share ("Common Stock"), of Amplify Energy Corp. (the "Company") granted upon settlement of previously awarded restricted stock units with performance and service-based vesting conditions ("PSUs"). On January 6, 2026, the Compensation Committee (the "Compensation Committee") of the Company certified the Company's relative total shareholder return performance and referenced the Company's absolute total shareholder return performance over the performance period, which ran from January 1, 2023 through December 31, 2025, resulting in 100% of the PSUs originally granted on February 1, 2023 becoming earned at 100% of the target amount. These PSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest pursuant to the Company's achievement of certain performance goals and so long as the reporting person remains employed by the Company through the vesting date. Each PSU represents a contingent right to receive, upon vesting, up to 200% of the target amount. On January 6, 2026, the Compensation Committee certified the Company's relative total shareholder return performance and referenced the Company's absolute total shareholder return performance over the performance period, which ran from January 1, 2023 through December 31, 2025, resulting in 100% of the PSUs originally granted on February 1, 2023 becoming earned at 100% of the target amount.
FAQ
What insider transaction did Amplify Energy (AMPY) disclose in this filing?
Amplify Energy Corp. disclosed that executive Eric M. Willis settled previously granted performance stock units into 29,462 shares of common stock on January 6, 2026, and reported a related disposition of common shares on the same date.
What performance period governed the Amplify Energy (AMPY) performance stock units?
The performance stock units were tied to the company’s total shareholder return over a period running from January 1, 2023 through December 31, 2025, which the compensation committee certified on January 6, 2026.
At what level did the Amplify Energy (AMPY) performance stock units vest for Eric M. Willis?
The filing states that 100% of the performance stock units originally granted on February 1, 2023 became earned at 100% of the target amount based on the certified performance results.
What is Eric M. Willis’s role at Amplify Energy (AMPY)?
The remarks section identifies Eric M. Willis as SVP, General Counsel & Corporate Secretary of Amplify Energy Corp.
Under which plan were the Amplify Energy (AMPY) performance stock units granted?
The performance stock units were granted under the Amplify Energy Corp. Equity Incentive Plan and vest based on the company’s achievement of specified performance goals and continued employment through the vesting date.