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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 55,829 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 55,829 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 23,888 | $4.57 | $109K |
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 April 17, 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 April 17, 2023 becoming earned at 100% of the target amount.
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.
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.