Lee Chan W 4
Research Summary
AI-generated summary
Ambarella (AMBA) COO Lee Chan W Sells 2,951 Shares
What Happened Lee Chan W, Chief Operations Officer of Ambarella (AMBA), reported the sale of 2,951 shares on 2026-06-17 at $67.87 per share for total proceeds of $200,284. The transaction is reported as a sale (S) and was disclosed the next day.
Key Details
- Transaction date and price: 2026-06-17 at $67.87 per share; total proceeds $200,284.
- Transaction type: Sale (reported as open-market/private sale).
- Footnote: F1 — shares were sold to pay tax obligations resulting from the vesting of restricted stock units (RSUs).
- Shares owned after transaction: not disclosed in the filing.
- Filing date: 2026-06-18 (filed one day after the transaction); no late filing indicated.
- No 10b5-1 plan or other trading plan referenced.
Context This sale appears to be a routine tax-withholding sale tied to RSU vesting rather than a discretionary sale intended to express a view on the company. Such withholding sales are common and generally not interpreted alone as a directional signal about insider sentiment.