SATTERTHWAITE LIVINGSTON 4
Research Summary
AI-generated summary
Amprius (AMPX) Director Satterthwaite Livingston Receives 10,423 RSUs
What Happened
- Satterthwaite Livingston, a director of Amprius Technologies, was granted 10,423 restricted stock units (RSUs) on 2026-06-12. The grant price is listed as $0.00, meaning these are compensatory RSUs rather than a purchase; the reported acquisition value is $0.
- Each RSU represents the right to receive one share of AMPX common stock upon vesting. According to the filing, 100% of these RSUs vest on the earlier of (i) the one‑year anniversary of the grant date or (ii) the day before the next annual meeting of stockholders, subject to continued service.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (timely within the two-business-day requirement).
- Price: $0.00 per RSU; reported acquisition value: $0.
- Shares/units reported after transaction: Filing includes 199,102 RSUs held by the reporting person (these are contingent rights to receive shares subject to vesting).
- Footnotes: F1 explains RSUs convert to one share each upon vesting under the stated schedule. F2 notes the 199,102 RSUs included in holdings. Exhibit included: 24 (Power of Attorney).
- Filing timeliness: Timely (no late filing indicated).
Context
- RSU awards are a form of compensation and do not represent immediate share ownership or a cash purchase; shares will only be issued if/when the RSUs vest.
- Such grants are common for directors and executives and are typically part of regular compensation—this filing does not indicate an open‑market purchase or sale.