Ambarella (AMBA) VP Chen Yun‑Lung Sells 9,856 Shares

What Happened
Chen Yun‑Lung, Vice President (Business Development) at Ambarella, reported a sale of 9,856 shares on June 12, 2026. The weighted-average sale price reported was $67.06 per share, for total proceeds of approximately $660,943. The transaction is reported as a sale (code S) — open market or private sale.

Key Details

• Transaction date: 2026-06-12
• Report filed: 2026-06-16 (within two business days following the trade)
• Shares sold: 9,856 at a weighted-average price of $67.06 (range reported $67.06–$67.07)
• Total value: ~$660,943
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: The reported price is a weighted average; the filer will provide per-price quantities on request (footnote F1)
• Transaction code: S (Sale)

Context
Sales by executives can be routine (e.g., diversification, tax obligations, or planned sales) and do not by themselves indicate a change in company outlook. The Form 4 does not state a 10b5-1 plan or other reason for the sale.