Amplify Energy executive trims stake in $20k stock sale

Rhea-AI Filing Summary

Amplify Energy (NYSE:AMPY) filed a Form 4 reporting that company officer Eric Edward Dulany sold 5,500 shares of common stock on 06/23/2025 at a weighted-average price of $3.6515 per share. After the transaction, Dulany directly owns 29,117 shares of Amplify Energy.

The filing does not reference a Rule 10b5-1 trading plan, derivative activity, or any related corporate events. No other executives were included in the filing and no additional securities were involved.

Positive

• None.

Negative

• Officer share sale: Eric Edward Dulany sold 5,500 shares at $3.6515, trimming his ownership (>5% of prior stake) and potentially signaling reduced insider confidence.

Insights

Insider Transaction Analyst

TL;DR: Officer’s $20k sale is small, mildly negative but not thesis-changing.

The transaction disposes of 5,500 shares (~US$20k) and reduces Dulany’s direct stake to 29,117 shares. While the sale represents a meaningful percentage of his personal holdings, the absolute dollar value is modest relative to Amplify Energy’s market capitalization and daily trading volume. The absence of a disclosed 10b5-1 plan suggests the sale was discretionary, a detail some investors read as a slight negative signal. However, with no accompanying operational or financial disclosures, the event alone is unlikely to materially influence the company’s fundamentals or valuation.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Dulany Eric Edward

(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)
06/23/2025

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	06/23/2025		S		5,500	D	$3.6515(1)	29,117	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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.6514 to $3.6600, inclusive. The reporting person undertakes to provide to Amplify Energy Corp. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.

	/s/ Eric M. Willis	06/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Amplify Energy (AMPY) shares did Officer Eric Dulany sell on 06/23/2025?

The Form 4 states he sold 5,500 common shares at a weighted-average price of $3.6515.

What is Eric Dulany’s remaining ownership in AMPY after the sale?

Following the reported transaction, Dulany directly owns 29,117 AMPY shares.

Was the AMPY insider sale executed under a Rule 10b5-1 trading plan?

The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1 plan.

Did the Form 4 include any derivative security transactions for AMPY?

No. The filing reports only a sale of common stock; Table II lists no derivative activity.