FURBEE DANIEL 4

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.