AmpliTech (AMPG) CEO Maqbool Fawad Exercises Rights to Buy 500 Shares

What Happened
Maqbool Fawad, CEO of AmpliTech Group, exercised Series A derivative rights on July 22, 2026 to acquire 500 shares at $5.00 per share for a total cash cost of $2,500. The Form 4 also shows a related disposition entry for 500 derivative units (the Series A Rights) associated with the conversion/exercise. This transaction is a small purchase (acquisition) rather than a sale.

Key Details

• Transaction date: July 22, 2026. Purchase: 500 shares at $5.00 each — total $2,500. Related disposition: 500 derivative rights (reported as disposed; N/A price).
• Shares owned after transaction: not specified in the materials provided.
• Footnote F1: Reporting person acquired Series A Rights Jan 14, 2026; closing for the Series A Rights occurred July 22, 2026. Footnote states the shares acquired upon exercise of the Series A Rights are exempt from reporting under Rule 16b-3.
• Footnote F2: Any unexercised Series A Rights expired July 18, 2026.
• Timeliness: Filing is marked late (L). A late Form 4 may be an administrative delay; it does not by itself indicate wrongdoing but is a reporting deficiency.

Context
This was an exercise/conversion of derivative rights (Series A Rights) into common shares — effectively a purchase of 500 shares. The filing notes the acquired shares are exempt under Rule 16b-3 (per the footnote). The cash amount involved is modest ($2.5k), so while insider purchases can be informative, this particular trade is small and may reflect participation in a rights offering rather than a large-scale directional bet.