Ambiq Micro, Inc.·4

Apr 6, 5:01 PM ET

Connors Michele Kim 4

Research Summary

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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.