FREW JAMES 4
4 · Amplify Energy Corp. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Amplify Energy (AMPY) CFO Frew James Receives Equity Awards
What Happened
- Frew James, SVP and Chief Financial Officer of Amplify Energy Corp. (AMPY), reported multiple equity-related transactions dated Feb 1, 2026. He received awards/settlements of restricted and performance-based units and recorded derivative conversions/exercises. To cover tax withholding, 19,917 shares were surrendered at $5.02 per share, generating $99,983 of value.
- Filing entries show: two awards/allocations of 67,120 units each (reported as derivative/award transactions) and derivative exercise/conversion entries involving 50,613 shares. One disposition entry of 50,613 shares at $0.00 relates to a derivative conversion reporting line. The primary cash amount reported is $99,983 from tax-withholding of 19,917 shares.
Key Details
- Transaction date: Feb 1, 2026; Form 4 filed: Feb 4, 2026 (appears timely).
- Tax withholding: 19,917 shares withheld/disposed at $5.02 per share, totaling $99,983 (transaction code F = payment of exercise price or tax liability).
- Awards/grants: two entries of 67,120 units each reported as grants/awards (transaction code A). Footnotes indicate one set are TSUs (service-based time-vesting units) and one set are PSUs (performance & service-based units).
- Derivative activity: entries coded M (exercise/conversion of derivative) for 50,613 shares (acquired and also reported as a derivative disposition @ $0.00). Transaction codes: A = award/grant, M = option/exercise or derivative conversion, F = tax withholding.
- Shares owned after the transactions: not specified in the information provided in this summary.
- Role: James is SVP, Chief Financial Officer (insider executive).
Context
- TSUs (time-based restricted stock units) will convert into one share per unit upon vesting and generally vest over three years, subject to continued employment (per footnotes).
- PSUs (performance-and-service units) vest based on company performance and service and can convert into up to 200% of one share per PSU if performance targets are met.
- The 19,917-share disposition is a routine tax-withholding event (common when RSUs/PSUs vest or settle) and should not be read as an open-market sale indicating a bearish view.
- Derivative/ conversion lines can reflect settlement mechanics (conversion of units into shares) rather than open-market trading.
Insider Transaction Report
Form 4
FREW JAMES
SEE REMARKS
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-02-01+50,613→ 211,776 total - Tax Payment
Common Stock, par value $0.01 per share
2026-02-01$5.02/sh−19,917$99,983→ 191,859 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-01−50,613→ 49,071 total→ Common Stock (50,613 underlying) - Award
Restricted Stock Units
[F3]2026-02-01+67,120→ 116,191 total→ Common Stock (67,120 underlying) - Award
Performance Stock Units
[F4]2026-02-01+67,120→ 163,129 total→ Common Stock (67,120 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 67,120 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 67,120 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