FURBEE DANIEL 4
4 · Amplify Energy Corp. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Amplify Energy (AMPY) CEO Daniel Furbee Receives Stock Awards
What Happened
- Daniel Furbee, Chief Executive Officer of Amplify Energy Corp. (AMPY), reported vesting/conversion of derivative awards and receipt of equity awards on 2026-02-01. The filing shows conversion/exercise of 51,580 derivative units (code M) into common shares and two reported awards of 70,685 shares each (code A) recorded as acquisitions at $0.00 (derivative awards). To cover tax withholding (code F), 20,297 shares were surrendered/withheld at $5.02 per share, totaling $101,891.
- These transactions reflect settlement and new reporting of restricted/performance stock units rather than an open-market buy or sell.
Key Details
- Transaction date: 2026-02-01; Form 4 filed: 2026-02-04.
- Conversion/exercise: 51,580 derivative units converted to common shares (code M).
- Tax withholding: 20,297 shares withheld/disposed (code F) at $5.02/share = $101,891.
- Awards reported: two grants of 70,685 shares each (code A) recorded as derivative awards at $0.00.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: TSUs (time-based restricted stock units) and PSUs (performance & service-based units) referenced. TSUs vest over three years (1:1 share per TSU); PSUs vest based on performance and may pay up to 200% of one share per PSU.
- Transaction codes: M = exercise/conversion of derivative, F = tax withholding, A = grant/award.
Context
- This filing documents equity award settlement and new/previously granted RSU/PSU positions. Withholding shares to cover taxes is a routine administrative step when units vest; it is not an open-market sale signaling a market view.
- PSUs are contingent on performance and may convert into more or fewer shares depending on results; TSUs are time-vesting and convert 1-for-1 upon vesting. These are compensation-related events, not direct purchase activity by the insider.
Insider Transaction Report
Form 4
FURBEE DANIEL
DirectorSEE REMARKS
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-02-01+51,580→ 132,769 total - Tax Payment
Common Stock, par value $0.01 per share
2026-02-01$5.02/sh−20,297$101,891→ 112,472 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-01−51,580→ 51,004 total→ Common Stock (51,580 underlying) - Award
Restricted Stock Units
[F3]2026-02-01+70,685→ 121,689 total→ Common Stock (70,685 underlying) - Award
Performance Stock Units
[F4]2026-02-01+70,685→ 169,594 total→ Common Stock (70,685 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 70,685 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 70,685 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, Attorney-in-Fact|2026-02-04