Banks Bernard Bennett 4

What Happened

• Banks Bernard Bennett, a director of Ambiq Micro, was granted 4,957 restricted stock units (RSUs) on 2026-06-08. The Form 4 reports the acquisition price as $0.00 (grant), so the filing reports $0 total cash paid.
• This was an award/grant (A), not a purchase or sale — the RSUs represent contingent rights to receive shares in the future if vesting conditions are met.

Key Details

• Transaction date: 2026-06-08; Filing date (Accession): 2026-06-10 (filed two days after the transaction, which is timely for Form 4 reporting).
• Reported acquisition: 4,957 RSUs at $0.00 (reported value $0).
• Shares owned after transaction: not specified in the provided data.
• Footnote: The RSUs vest in three equal annual installments. Each installment vests on the earlier of (i) the first, second, or third anniversary of the grant or (ii) the Company’s first, second, or third annual stockholder meeting following the grant date (or immediately prior if the director’s service ends due to not being re-elected), subject to the Issuer’s 2025 Equity Incentive Plan and the director’s continued service.

Context

• RSUs are compensation awards that convert to actual shares only after vesting; they do not represent immediate transferable stock or a cash outlay by the insider. Such grants are common for board compensation and do not by themselves indicate insider buying or selling sentiment.