Flores Jorge Luis 4

What Happened
Jorge Luis Flores, Chief Operating Officer of AmpliTech Group, Inc. (AMPG), acquired 50,000 shares via an exercise/conversion reported on 2026-01-30 at $3.04 per share (total $152,000). The filing also shows a 200,000-share award reported as a derivative grant (an incentive stock option) that is subject to service-based vesting.

Key Details

• Transaction date(s): 2026-01-30; Filing date: 2026-02-03 (filed timely).
• 50,000 shares acquired at $3.04 each — total reported cost $152,000 (reported as code M: exercise/conversion). Footnote F1 states these represent 50,000 restricted stock units that vested immediately upon grant.
• 200,000-share grant reported as an award/derivative (code A); price listed as N/A. Footnote F2 describes this as an incentive stock option subject to service-based vesting: 25% vests on the first anniversary, the remaining 75% vests in 36 equal monthly installments thereafter.
• Shares owned after the transactions: not specified in the filing.
• No sale or disposition reported in this filing (these are acquisitions/grants, not sales).

Context

• The 50,000 RSU-related shares vested and converted to common stock (no sale reported). RSUs convert to shares upon vesting; options give the holder the right to buy shares at a set exercise price once vested.
• The 200,000-share option grant is time-vested; it does not represent immediately tradable shares until portions vest and (if applicable) are exercised.
• These reported actions are acquisitions/grants by an executive and do not by themselves indicate future company performance.