Grady Patrick W 4
4 · Amplitude, Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Amplitude (AMPL) Director Grady Patrick W Receives RSU Award
What Happened
Grady Patrick W, a director (reported as a 10% owner), was granted 24,857 restricted stock units (RSUs) on June 9, 2026. The RSUs were awarded at $0.00 consideration (standard equity compensation) and represent rights to receive one share of Amplitude Class A common stock per RSU upon vesting.
Key Details
- Transaction date: 2026-06-09 (Form 4 filed 2026-06-11 — appears timely).
- Transaction type: Award/Grant (code A). Price: $0.00; shares granted: 24,857 RSUs.
- Vesting: RSUs vest in full on the earlier of (i) June 9, 2027 or (ii) immediately before Amplitude’s 2027 annual meeting, subject to continued board service (Footnote F1).
- Footnotes: F2 confirms the grant equals 24,857 RSUs. F3–F4 disclose the reporting person’s relationships with Sequoia entities and disclaimers of beneficial ownership of fund-held securities except for pecuniary interest.
- Shares owned after transaction: not specified in the provided filing.
Context
RSU awards to non‑employee directors are common retention/compensation grants and do not involve immediate cash payment or an open‑market purchase/sale. These RSUs convert to shares only if and when they vest; they are not an indication of an immediate buy or sell of underlying shares. The filing notes the director’s ties to Sequoia-related entities and disclaims beneficial ownership of securities held by those funds except to the extent of any pecuniary interest.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-06-09+24,857→ 85,806 total
- 2,225,077(indirect: Sequoia Capital U.S. Growth Fund IX, L.P.)
Class A Common Stock
[F3][F4] - 242,788(indirect: Sequoia Capital U.S. Growth IX Principals Fund, L.P.)
Class A Common Stock
[F3][F4] - 95,885(indirect: Sequoia Capital U.S. Growth Partners Fund IX, L.P.)
Class A Common Stock
[F3][F4] - 235,201(indirect: Sequoia Capital U.S. Venture 2010-Seed Fund, L.P.)
Class A Common Stock
[F3][F4]
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs") that were granted pursuant to the Issuer's Non-Employee Director Compensation Program. Each RSU represents a right to receive one share of Class A Common Stock. The RSUs will vest in full on the earlier of (i) June 9, 2027 or (ii) immediately before the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued service on the Board through such vesting date.
- [F2]Includes 24,857 RSUs.
- [F3]The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VIII Management, L.P. ("GFVIII Management"), which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. ("GFVIII"), (ii) the general partner of SC U.S. Venture 2010 Management, L.P. ("USV2010 Management"), which is the general partner of Sequoia Capital U.S. Venture 2010-Seed Fund, L.P. ("USV 2010-Seed"), and (iii) the general partner of SC U.S. Growth IX Management, L.P. ("GFIX Management"), which is the general partner of Sequoia Capital U.S. Growth Fund IX, L.P., Sequoia Capital U.S. Growth Partners Fund IX, L.P., and Sequoia Capital U.S. Growth IX Principals Fund, L.P. (collectively, the "GFIX Funds").
- [F4](Continued from Footnote 3) The Reporting Person disclaims beneficial ownership of the shares held by GFVIII, USV 2010-Seed, and the GFIX Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.