Ambarella (AMBA) CFO nets bonus RSUs, sells 7,615 shares in March
Rhea-AI Filing Summary
Ambarella CFO John Alexander Young reported several equity transactions involving the company’s Ordinary Shares. On March 18, 2026, he received 5,560 fully vested restricted stock units as payment of his Fiscal Year 2026 annual bonus, each convertible into one Ordinary Share.
On March 17, 2026, a performance-based RSU award granted in April 2023 vested at 100% of its target, leading to the conversion of 3,556 Performance Stock Units into Ordinary Shares. That same day, he sold 4,577 Ordinary Shares at $52.77 per share to cover tax obligations from RSU vesting.
On March 19, 2026, he executed an additional open-market sale of 3,038 Ordinary Shares at $54.14 per share. After these transactions, he directly owns 119,594 Ordinary Shares, including 154 shares acquired under the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,038 | $54.14 | $164K |
| Grant/Award | Ordinary Shares | 5,560 | $0.00 | -- |
| Exercise | Performance Stock Units | 3,556 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,556 | $0.00 | -- |
| Sale | Ordinary Shares | 4,577 | $52.77 | $242K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares. Includes 154 shares acquired under the Company's employee stock purchase plan on March 16, 2026. Shares sold to pay tax obligations resulting from the vesting of restricted stock units. Represents an award of fully-vested restricted stock units (RSUs) issued to reporting person as payment of reporting person's annual bonus under the company's previously established Fiscal Year 2026 Annual Bonus Plan. Each restricted stock unit represents a contingent right to receive one Ordinary Share. On April 3, 2023, reporting person was granted a performance-based RSU award covering a target number of ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, the award would vest in full on March 15, 2026. In addition, the number of shares subject to the award could be decreased by up to 100% or increased by up to 150% of the Target RSU Number, based on attainment of specified levels of the Company's total stockholder return and revenue growth over the period of February 1, 2023 through January 31, 2026 (the "TSR Period"). As a result of the Company's performance over the TSR Period, the number of shares that vested was 100% of the Target RSU Number.
FAQ
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