France Natasha 4
4 · Amplify Energy Corp. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Amplify Energy (AMPY) VP & Chief Accounting Officer Exercises and Receives TSUs
What Happened
Natasha France, Vice President and Chief Accounting Officer of Amplify Energy Corp. (AMPY), had several equity-related transactions on Feb 1, 2026. She exercised/converted 10,449 derivative units and was granted/received 13,705 time‑based stock units (TSUs). To cover tax withholding, 3,100 shares were surrendered/withheld at $5.02 per share for a dollar amount of $15,562. The exercise/conversion lines and the withholding reflect routine settlement and tax payment mechanics rather than an open‑market purchase or sale for investment exposure.
Key Details
- Transaction date: February 1, 2026; Form 4 filed February 4, 2026. (Form 4s are generally due within two business days; the filing does not state whether it was late.)
- Exercise/conversion: 10,449 derivative units (transaction code M).
- Tax withholding: 3,100 shares withheld/disposed at $5.02 each = $15,562 (transaction code F).
- Grant/award: 13,705 TSUs granted/settled (transaction code A) at $0.00 value in the filing.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: The 13,705 TSUs represent TSUs granted upon settlement of previously awarded restricted stock units; these TSUs vest on an equal basis over three years and each TSU represents a contingent right to one share of common stock.
Context
Exercise/conversion (M) lines indicate derivative instruments were converted into shares; the subsequent withholding (F) is a common, routine method to satisfy tax obligations rather than an active sell indicating a change in sentiment. The 13,705 TSUs are time‑based awards that vest over three years and do not represent immediately tradable shares until they vest (and any applicable restrictions lapse). For retail investors, awards and tax withholding are typically administrative; outright open‑market purchases would be a stronger signal of insider conviction.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-02-01+10,449→ 70,772 total - Tax Payment
Common Stock, par value $0.01 per share
2026-02-01$5.02/sh−3,100$15,562→ 67,672 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-01−10,449→ 12,387 total→ Common Stock (22,836 underlying) - Award
Restricted Stock Units
[F3]2026-02-01+13,705→ 26,092 total→ Common Stock (13,705 underlying)
Footnotes (3)
- [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 13,705 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.