Wang Feng-Ming 4

What Happened

• Wang Feng-Ming, CEO and director of Ambarella, sold a total of 32,500 shares in open-market transactions on May 26, 2026, generating aggregate proceeds of $2,957,755.
  • 17,285 shares sold at $90.38 each for $1,562,203
  • 6,065 shares sold at $91.23 each for $553,306
  • 9,150 shares sold at $92.05 each for $842,246
• These were sales (not purchases); sales are often routine cashing‑out events and do not necessarily indicate change in insider sentiment.

Key Details

• Transaction date: May 26, 2026; Form 4 filed May 28, 2026 (within the usual 2-business-day reporting window).
• Reported proceeds: $2,957,755 for 32,500 shares.
• Shares owned after transaction: Not specified in the information you provided (not reported here).
• Footnotes:
  • The sales were made pursuant to a Rule 10b5-1 trading plan adopted October 8, 2025 (pre‑planned trades).
  • Reported sale prices reflect weighted averages across price ranges ($90.00–$90.98; $91.00–$91.98; $92.00–$92.50). The filing notes more granular price-by-price details are available on request to the SEC staff, issuer, or a security holder.

Context

• Because the trades were executed under a 10b5‑1 plan, they were pre-arranged and reduce the ability to infer immediate insider views from the sales. Retail investors typically treat purchases as stronger signals than planned sales.