Wang Feng-Ming 4

What Happened

• Wang Feng‑Ming, CEO and Director of Ambarella Inc. (AMBA), sold 16,250 shares in an open‑market transaction on July 1, 2026. The Form 4 reports a weighted average price of $90.08 per share for a total proceeds of approximately $1,463,800. The filing notes the sales were effected under a Rule 10b5‑1 trading plan adopted October 8, 2025.

Key Details

• Transaction date: 2026‑07‑01; transaction type: Sale (S).
• Reported weighted average price: $90.08; price range disclosed: $90.00–$90.50 per share.
• Total proceeds: ~$1,463,800 (16,250 × $90.08).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes: F1 — sale executed under a 10b5‑1 plan adopted 10/08/2025; F2 — reported price is a weighted average covering $90.00–$90.50, and the filer will provide per‑price breakdown upon request.
• Filing date: 2026‑07‑02 (filed promptly after the 7/1 transaction).

Context

• This was a sale, not a purchase or option exercise. Sales executed under written 10b5‑1 plans are typically prearranged and can be routine (e.g., scheduled diversification or liquidity), so they do not necessarily indicate a change in the insider’s view of the company. For more detail on holdings after the sale or the exact number of shares sold at each price within the disclosed range, investors can request the breakdown referenced in footnote F2.