4Filed Aug 17, 8:00 PM ET
Amplitude (AMPL) CFO Casey Andrew Withholds 72,814 Shares for Taxes
$AMPL · Amplitude, Inc.Research Summary
AI-generated summary of this SEC filing
Amplitude (AMPL) CFO Casey Andrew Withholds 72,814 Shares for Taxes
What Happened
- Casey Andrew, Chief Financial Officer of Amplitude, reported that 72,814 shares of Class A common stock were withheld by the company to satisfy tax withholding obligations related to the net issuance of shares from RSU vesting. The shares were recorded at $13.03 each, for a total value of approximately $948,766. This transaction is a tax-withholding event (code F), not an open-market sale by the reporting person.
Key Details
- Transaction date: August 17, 2026; Filing date: August 18, 2026 (appears timely).
- Price per share: $13.03; Total value withheld: ~$948,766.
- Shares withheld were used solely to satisfy tax withholding on RSUs and do not represent a sale by the reporting person (Footnote F1).
- Footnote F2 notes the reporting person’s holdings include 814,949 RSUs.
- Shares owned after the transaction: not specified in the filing.
Context
- This was a standard net issuance/tax-withholding on vested restricted stock units (RSUs). The company retained 72,814 shares to cover tax obligations rather than Casey Andrew selling shares on the open market. Such withholding transactions are routine and generally reflect fulfillment of tax obligations from awards, not a directional trading signal.