Lopez Anthony William 4

What Happened

• Anthony William Lopez, formerly SVP, Engineering & Exploitation of Amplify Energy Corp. (AMPY), had restricted stock units and performance stock units settle on Feb 1, 2026, resulting in the issuance/conversion of 78,282 shares (65,641 TSUs + 12,641 PSUs).
• To satisfy tax withholding, 31,605 shares were surrendered/withheld at a reported per-share value of $5.02, yielding $158,657. The remaining net shares issued to Lopez equal the difference (78,282 issued less 31,605 withheld).
• These were not open-market buys or sales by Lopez — they are the settlement of previously granted equity awards (TSUs and PSUs); PSUs were certified at 55% of target for the 2024–2025 performance period.

Key Details

• Transaction date: February 1, 2026; Form 4 filed February 4, 2026 (appears timely).
• Items: M = exercise/conversion/settlement of derivative awards (TSUs/PSUs); F = tax withholding/tendered shares to cover tax liability.
• Shares issued: 65,641 TSUs (service-vested) and 12,641 PSUs (performance-vested at 55% of target).
• Shares withheld for taxes: 31,605 shares at $5.02/share = $158,657.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: TSUs vest over service period; PSUs vested based on relative/absolute TSR for 1/1/2024–12/31/2025 and were certified at 55% by the Compensation Committee.
• Filing note: The reporting person ceased being SVP on January 31, 2026 and is no longer subject to Section 16 reporting for future transactions.

Context

• These transactions reflect settlement of incentive awards (awards converting into common stock), not discretionary open‑market purchases or sales by the insider — withholding for tax is routine.
• PSUs were partially earned (55% of target) based on performance metrics; the filing shows conversion/settlement rather than a cashless market sale.