Flores Jorge Luis 4
4 · AmpliTech Group, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
AmpliTech (AMPG) COO Jorge Flores Exercises Options, Sells 30,000 Shares
What Happened Jorge Luis Flores, Chief Operating Officer of AmpliTech Group, exercised fully vested stock options and sold shares on 2026-06-01. He exercised options to acquire 5,000 shares at $3.88 (cost $19,400) and 25,000 shares at $3.52 (cost $88,000), paying about $107,400 in exercise costs. He sold 30,000 common shares in an open-market/broker-assisted transaction at a weighted average price of $5.36 for total proceeds of $160,863. The filing also records $0 disposals corresponding to the surrendered option interests upon exercise.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (appears timely).
- Acquisitions by exercise: 5,000 shares @ $3.88 = $19,400; 25,000 shares @ $3.52 = $88,000 (total exercise cost $107,400).
- Sale: 30,000 shares @ weighted avg $5.36 = $160,863 (prices ranged $5.35–$5.39).
- Net cash difference (proceeds minus exercise cost): ≈ $53,463 (before taxes/fees).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: Options exercised were fully vested (grants dated July 26, 2021 and Nov 26, 2021). A portion of the sale was a same‑day cashless/broker‑assisted sale to cover exercise price, withholding taxes and broker fees. Weighted‑average sale price reported; transaction‑by‑transaction breakdown available upon SEC request.
Context
- This was an option exercise combined with a same‑day sale (cashless exercise), common for covering exercise costs and tax withholding; such transactions are routine and do not necessarily signal a change in insider sentiment.
- The filing shows both the share acquisition entries and $0 disposals for the surrendered option interests (standard reporting for exercises).
Insider Transaction Report
Form 4
Flores Jorge Luis
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-01$3.88/sh+5,000$19,400→ 81,000 total - Exercise/Conversion
Common Stock
[F2]2026-06-01$3.52/sh+25,000$88,000→ 106,000 total - Sale
Common Stock
[F3][F4]2026-06-01$5.36/sh−30,000$160,863→ 76,000 total - Exercise/Conversion
Stock Options (right to buy)
[F1]2026-06-01−5,000→ 0 totalExercise: $3.88Exp: 2031-07-26→ Common Stock (5,000 underlying) - Exercise/Conversion
Stock Options (right to buy)
[F2]2026-06-01−25,000→ 0 totalExercise: $3.52From: 2021-11-26Exp: 2026-11-26→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Represents the exercise of options which were originally granted on July 26, 2021. All of the shares subject to this option are fully vested.
- [F2]Represents the exercise of options which were originally granted on November 26, 2021 and vested in full on the date of grant.
- [F3]A portion of this sale includes the same-day sale of common stock to cover the exercise price, withholding tax obligations and broker fees and commissions, pursuant to a broker assisted cashless exercise of the fully vested stock options described in footnotes 1 and 2.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.35 to $5.39, inclusive. Upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate transaction.
Signature
/s/ Jorge Luis Flores|2026-06-02