Connors Michele Kim 4
4 · Ambiq Micro, Inc. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Ambiq Micro (AMBQ) General Counsel Michele Connors Sells Shares
What Happened
Michele Kim Connors, General Counsel of Ambiq Micro (AMBQ), sold a total of 811 shares on April 2, 2026 in open-market transactions, generating roughly $21,209. The filing shows two aggregated sales: 660 shares at a weighted-average price of $26.04 (reported value $17,185) and 151 shares at a weighted-average price of $26.65 (reported value $4,024). These were sales (not purchases) and were executed to cover tax withholding obligations related to previously vested restricted stock units.
Key Details
- Transaction date: 2026-04-02 (filed on 2026-04-06).
- Sales: 660 shares @ weighted-average $26.04 (range $25.55–$26.36 per footnote F2); 151 shares @ weighted-average $26.65 (range $26.64–$26.68 per footnote F3).
- Total proceeds reported: about $21,209.
- Reason: Issuer sale to satisfy tax withholding on RSU vesting (footnote F1).
- Shares owned after transaction: not specified in the provided filing.
- Transaction codes: S = Sale; F (footnote) indicates tax-withholding sale. Filing does not indicate a 10b5-1 plan.
Context
The filing indicates a routine, issuer-facilitated sale to cover tax withholding from RSU settlement rather than an independent open-market disposition of previously held shares. Footnotes note the reported prices are weighted averages across multiple trades and that the reporting person can provide per-trade price details on request. Such tax-withholding sales are common following equity vesting and are not by themselves a clear signal of the insider’s market view.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-04-02$26.04/sh−660$17,185→ 60,705 total - Sale
Common Stock
[F1][F3]2026-04-02$26.65/sh−151$4,024→ 60,554 total
Footnotes (3)
- [F1]Represents the sale of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of previously reported restricted stock units.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.55 to $26.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.64 to $26.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.