PERGA CAPITAL PARTNERS, LP 4
Research Summary
AI-generated summary
Amplify Energy (AMPY) 10% Owner Perga Capital Sells 500 Shares
What Happened
Perga Capital Partners, LP (reported as a 10% beneficial owner of Amplify Energy Corp., ticker AMPY) disposed of 500 derivative shares on July 6, 2026, at $0.11 per share for total gross proceeds of $55. The Form 4 reports this as a sale (S) of derivative securities. The amount is very small and is likely routine; it does not by itself indicate a change in insider sentiment.
Key Details
- Transaction date: 2026-07-06; reported on Form 4 filed 2026-07-14.
- Price and size: 500 shares at $0.11 per share; total $55 (derivative securities disposition).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: Perga Capital Management, LP (PCM), as manager of Perga Capital Partners (PCP), and Alex Sharp (manager of PCM) may be deemed beneficial owners but disclaim such ownership except for pecuniary interest.
- F2: Alex Sharp directly holds these securities.
- F3: Indicates the derivative instrument was exercisable at any time up to expiration.
- Timeliness: The Form 4 was filed eight days after the reported transaction; Section 16 insiders generally must file within two business days, so this appears to be a late filing.
Context
- This filing involves a 10% institutional owner rather than a company officer or director; institutional disposals can be routine portfolio management.
- The filing describes a disposition of derivative securities rather than a straightforward open-market sale of previously held common shares; F3 suggests the derivative was exercisable up to expiration.
- Because the dollar amount is minimal ($55), this transaction is unlikely to be material on its own; retail investors should watch for larger or repeated insider transactions or related disclosures.