Flores Jorge Luis 4

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).