Amplify Energy (NYSE: AMPY) CFO logs PSU vesting and tax share sale

Rhea-AI Filing Summary

Amplify Energy Corp. president and chief financial officer James Frew reported equity compensation activity tied to performance awards. On January 6, 2026, 55,829 performance stock units were exercised at $0.00 and settled in common shares after the compensation committee certified company total shareholder return results for the performance period from January 1, 2023 through December 31, 2025. On the same date, 23,888 common shares were withheld at $4.57 per share to cover taxes, leaving Frew with 161,163 shares of Amplify Energy common stock held directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FREW JAMES

(Last) (First) (Middle)

C/O AMPLIFY ENERGY CORP.

500 DALLAS STREET, SUITE 1700

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Amplify Energy Corp. [ AMPY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEE REMARKS

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	01/06/2026		M		55,829(1)	A	(1)	185,051	D
Common Stock, par value $0.01 per share	01/06/2026		F		23,888	D	$4.57	161,163	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	(2)	01/06/2026		M			55,829	(2)	(2)	Common Stock	55,829	$0	96,009	D

Explanation of Responses:

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 April 17, 2023 becoming earned at 100% of the target amount.

2. 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 April 17, 2023 becoming earned at 100% of the target amount.

Remarks:

PRESIDENT & CHIEF FINANCIAL OFFICER

	/s/ Eric M. Willis, Attorney-in-Fact	01/08/2026
	** Signature of Reporting Person	Date
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FAQ

Who is the insider in this Amplify Energy (AMPY) Form 4 filing?

The filing reports transactions by James Frew, who serves as President & Chief Financial Officer of Amplify Energy Corp.

What equity awards vested for Amplify Energy (AMPY) executive James Frew?

On January 6, 2026, 55,829 performance stock units (PSUs) vested and were settled in Amplify Energy common stock at an exercise price of $0.00 per share.

What performance period governed the Amplify Energy (AMPY) PSUs that vested?

The PSUs were based on the company's relative and absolute total shareholder return over a performance period running from January 1, 2023 through December 31, 2025.

How many Amplify Energy (AMPY) shares were withheld for taxes in this Form 4?

The filing shows 23,888 shares of Amplify Energy common stock disposed of at $4.57 per share in a code F transaction, representing shares withheld to satisfy tax obligations.

How many Amplify Energy (AMPY) shares does James Frew own after these transactions?

Following the reported transactions, James Frew directly beneficially owns 161,163 shares of Amplify Energy common stock.

What plan governed the performance stock units in this Amplify Energy (AMPY) Form 4?

The PSUs were granted under the Amplify Energy Corp. Equity Incentive Plan, with vesting tied to performance goals and continued employment through the vesting date.