Ju Chi-Hong 4

What Happened Ju Chi-Hong, Senior Vice President, Systems & GM at Ambarella (AMBA), reported a sale of 2,017 shares on 2026-06-17 at $67.87 per share, for total proceeds of $136,894. The transaction is reported as an open-market/private sale and was disclosed in a Form 4 filed on 2026-06-18. This sale was executed to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs), per the filing footnote.

Key Details

• Transaction date: 2026-06-17; filing date: 2026-06-18 (timely).
• Shares sold: 2,017 at $67.87 each; total proceeds ~$136,894.
• Transaction code: S (sale); reported as open-market/private sale.
• Footnote: F1 — shares sold to pay tax obligations from RSU vesting (tax withholding).
• Shares owned after the transaction: not specified in the provided filing summary.
• Filing timeliness: filed the next day (no late filing indicated).

Context

• This sale appears to be a routine tax-withholding sale related to RSU vesting rather than an independent investment decision. Such withholding sales are common and do not necessarily indicate the insider's view on the company's stock.