Amplify Energy (NYSE: AMPY) CEO reports PSU vesting and stock disposal
Rhea-AI Filing Summary
Amplify Energy Corp.'s chief executive officer Daniel Furbee reported equity-related transactions in the company's common stock. On January 6, 2026, previously granted performance stock units for 55,829 shares of common stock were settled at an exercise price of $0.00 per share, increasing his directly held common stock to 105,067 shares. On the same date, Furbee disposed of 23,878 shares of common stock at $4.57 per share, leaving 81,189 common shares directly owned after the reported transactions. He also continues to hold 98,909 performance stock units that can settle in Amplify Energy common stock, subject to the plan’s performance and service-based vesting conditions.
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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 | 23,878 | $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 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 April 1, 2023 becoming earned at 100% of the target amount.
FAQ
What insider transaction did AMPY's Daniel Furbee report on January 6, 2026?
Daniel Furbee reported the settlement of 55,829 performance stock units into Amplify Energy common stock at an exercise price of $0.00 per share on January 6, 2026.
What are the terms of Daniel Furbee’s performance stock units in AMPY?
The performance stock units were granted under the Amplify Energy Corp. Equity Incentive Plan and vest based on the company achieving specified performance goals and Furbee remaining employed through the vesting date. Each PSU represents a contingent right to receive up to 200% of the target amount, and for this grant, 100% of the target became earned.
Why did 100% of Daniel Furbee’s AMPY PSUs vest at target?
The Compensation Committee certified the company’s relative total shareholder return and referenced its absolute total shareholder return over the period from January 1, 2023 through December 31, 2025, which resulted in 100% of the April 1, 2023 PSU grant becoming earned at 100% of the target amount.
What role does Daniel Furbee hold at Amplify Energy Corp. (AMPY)?
The Form 4 remarks identify Daniel Furbee as the company’s Chief Executive Officer.