Sanfratello Louisa 4
Research Summary
AI-generated summary
AmpliTech (AMPG) CFO Louisa Sanfratello Exercises Options & Receives Grant
What Happened
Louisa Sanfratello, CFO of AmpliTech Group, acquired 50,000 shares on January 30, 2026 through the conversion/exercise of a derivative at $3.04 per share (total value $152,000). On the same date she was also granted a derivative award covering 200,000 shares (an incentive stock option award) under the company's equity plan.
Key Details
- Transaction dates: January 30, 2026 (reported on Form 4 filed February 3, 2026).
- Exercise/conversion: 50,000 shares acquired at $3.04 each — total $152,000. (Footnote F1: these represent restricted stock units that vested immediately upon grant/conversion.)
- Grant/award: 200,000-share derivative award (incentive stock options) (Footnote F2: options vest 25% after one year, then the remaining 75% in 36 equal monthly installments, subject to continued service).
- Shares owned after the transactions: not stated in the filing excerpt.
- Filing timeliness: Form filed Feb 3, 2026 for transactions dated Jan 30, 2026 (no late-filing flag shown in the provided excerpt).
Context
- These were acquisitions/awards (not sales): Sanfratello received shares and an option grant rather than disposing of stock.
- For the 200,000 option grant, vesting is service-based — the shares are not immediately exercisable in full.
- The 50,000 units were described as RSUs that vested immediately and converted into shares (hence the conversion/exercise entry).
This summary is factual and based on the Form 4 entries and accompanying footnotes; it does not speculate on the insider’s motives.