Willis Eric M. 4
4 · Amplify Energy Corp. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Amplify Energy (AMPY) SVP Eric Willis Exercises & Receives Awards
What Happened
- Eric M. Willis, Senior Vice President, General Counsel & Corporate Secretary of Amplify Energy (AMPY), reported settlement/conversion of 45,243 derivative units into common stock on 2026-02-01. Of those, 17,956 shares were withheld to satisfy tax withholding obligations (disposed) for a value of $90,139 (at $5.02 per share). The filing also reports two awards granted on the same date: 67,120 time-based restricted stock units (TSUs) and 67,120 performance-and-service-based restricted stock units (PSUs). These awards are equity compensation rather than open-market purchases or discretionary sales.
Key Details
- Transaction date: 2026-02-01; Filing date: 2026-02-04.
- Conversion/exercise (code M): 45,243 shares converted/settled.
- Tax withholding (code F): 17,956 shares withheld at $5.02/share, totaling $90,139.
- Awards/grants (code A): 67,120 TSUs and 67,120 PSUs granted (both shown as $0 exercise price/award value in the Form 4 because they are equity awards).
- Shares owned after transaction: not specified in the provided filing extract.
- Filing timeliness: the Form 4 is dated Feb 4, 2026 and reports Feb 1 transactions; the filing does not include a late-filing flag in the provided data.
Context
- TSUs (time‑based RSUs) vest on an equal basis over three years, subject to continued employment; each TSU converts to one share upon vesting. PSUs vest based on performance and service and may pay up to 200% of one share per PSU if performance goals are met.
- The 17,956-share disposition is a tax-withholding action (common in equity settlements) — shares were retained by the company to cover withholding; this is not an open-market sale.
- These transactions reflect routine equity compensation settlement and new awards, not an independent cash purchase or sale signal.
Insider Transaction Report
Form 4
Willis Eric M.
See Remarks
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-02-01+45,243→ 284,303 total - Tax Payment
Common Stock, par value $0.01 per share
2026-02-01$5.02/sh−17,956$90,139→ 266,347 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-01−45,243→ 52,491 total→ Common Stock (45,243 underlying) - Award
Restricted Stock Units
[F3]2026-02-01+67,120→ 119,611 total→ Common Stock (67,120 underlying) - Award
Performance Stock Units
[F4]2026-02-01+67,120→ 163,129 total→ Common Stock (67,120 underlying)
Footnotes (4)
- [F1]Reflects shares of common stock, par value $0.01 per share ("Common Stock") of Amplify Energy Corp. (the "Company") granted upon settlement of previously awarded restricted stock units with service-based vesting conditions ("TSUs").
- [F2]These TSUs were granted under the Amplify Energy Corp. Equity Incentive Plan or 2024 Equity Incentive Plan and vest on an equal basis over a three-year period and so long as the reporting person remains employed by the Company through the applicable vesting date. Each TSU represents the contingent right to receive, upon vesting, one share of Common Stock of the Company.
- [F3]Share amount reflects an aggregate number and represents 67,120 TSUs. These TSUs were granted under the Amplify Energy Corp. 2024 Equity Incentive Plan and vest on an equal basis over a three-year period so long as the reporting person remains employed by the Company through the applicable vesting date. Each TSU represents the contingent right to receive, upon vesting, one share of Common Stock of the Company.
- [F4]Share amount reflects an aggregate number and represents 67,120 restricted stock units with performance and service-based vesting conditions ("PSUs"). These PSUs were granted under the Amplify Energy Corp. 2024 Equity Incentive Plan and vest pursuant to the Company's achievement of certain performance goals and so long as the reporting person remains employed by the Company through the vesting date. Each PSU represents a contingent right to receive, upon vesting, up to 200% of one share of the Company's Common Stock.
Signature
/s/ Eric M. Willis|2026-02-04