HANSEN THOMAS NEERGAARD 4
Research Summary
AI-generated summary
Amplitude (AMPL) President Thomas Neergaard Withholds 69,142 Shares for Taxes
What Happened
Thomas Neergaard, President of Amplitude, had 69,142 shares of Class A common stock withheld by the company on February 15, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $6.34 each, representing $438,360. This was a withholding to cover taxes (not an open‑market sale).
Key Details
- Transaction date: 2026-02-15; Filing date: 2026-02-17 (Form 4 accession 0001728084-26-000002).
- Shares involved: 69,142 shares withheld at $6.34 per share; total value $438,360.
- Shares owned after transaction: not specified in the filing.
- Footnote F1: Withheld by the issuer solely to satisfy tax withholding from RSU vesting — not a sale by the reporting person.
- Footnote F2: Filing notes inclusion of 960,020 RSUs (reported holdings include that figure).
Context
This was a tax‑withholding (cashless/net issuance) event tied to RSU vesting — a routine administrative action that does not necessarily indicate insider buying or selling sentiment. For retail investors, outright purchases are generally more informative as bullish signals; tax withholding or shares surrendered to cover taxes are common and should not be interpreted as a market sale by the insider.