Maqbool Fawad 4

What Happened
Maqbool Fawad, CEO of AmpliTech Group, filed a Form 4 reporting two acquisitions on January 30, 2026: he acquired 50,000 shares by exercise/conversion of a derivative at $3.04 per share (total cost $152,000), and he received a separate 200,000-share equity grant under the company’s equity incentive plan.

Key Details

• Transaction date: 2026-01-30. Form 4 filed: 2026-02-03 (timely per two-business-day rule).
• 50,000 shares acquired via exercise/conversion at $3.04/share = $152,000 (code M).
• 200,000-share grant reported as an award/acquisition (code A); no immediate per-share price listed.
• Footnotes: F1 indicates a grant of 50,000 restricted stock units that vested immediately. F2 indicates a grant of incentive stock options for 200,000 shares that vest 25% after one year, then the remaining 75% in 36 equal monthly installments, subject to continued service.
• Shares owned after these transactions: not disclosed in the provided excerpt.
• No sale, cashless exercise, tax withholding, 10b5-1 plan, or other disposition noted in the filing excerpt.

Context
The filing combines an exercise/acquisition and new equity grants. RSUs that vest immediately become ordinary shares (no exercise required), while incentive stock options require vesting/service to become exercisable. This filing does not show any immediate sale of the shares acquired, and the 200,000-option grant is subject to multi-year vesting. As always, insider purchases/exercises are factual data points about ownership changes but do not prove future company performance.