Amplify Energy (NYSE: AMPY) director-linked fund sells 1M shares, keeps stake
Rhea-AI Filing Summary
Amplify Energy Corp. reported insider-related sales of its common stock by entities associated with director Clint D. Coghill. Stoney Lonesome HF LP sold a total of 1,000,000 shares of common stock in open-market transactions from March 13–17, 2026 at weighted-average prices of $6.66, $6.42, and $6.31 per share.
The footnotes state these were executed across multiple trades within price ranges of $6.52–$6.79, $6.23–$6.65, and $6.22–$6.42. Following the latest sale, Stoney Lonesome HF LP held 2,504,347 shares, The Drake Helix Holdings, LLC held 83,000 shares, and Coghill held 2,410 shares directly. Coghill may be deemed to beneficially own these entity-held shares through CDC Financial, Inc., but he disclaims beneficial ownership except to the extent of his pecuniary interest.
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Insights
Director-linked fund sells 1M Amplify Energy shares but retains a large position.
The Form 4 shows Stoney Lonesome HF LP, an entity associated with director Clint D. Coghill, sold 1,000,000 shares of Amplify Energy common stock in open-market transactions between March 13 and March 17, 2026.
Sale prices were reported as weighted averages, with detailed executions spanning price ranges from $6.22 to $6.79 per share across the three trading days. After these sales, Stoney Lonesome HF LP still held 2,504,347 shares, alongside 83,000 shares at Drake Helix and 2,410 shares directly in Coghill’s name.
Footnotes clarify that Coghill’s potential beneficial ownership arises through CDC Financial, Inc., which manages these entities, and that he disclaims beneficial ownership beyond his pecuniary interest. The filing reflects a sizable net sell activity but leaves substantial holdings in place, indicating an ongoing economic stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 242,489 | $6.31 | $1.53M |
| Sale | Common Stock, par value $0.01 per share | 501,279 | $6.42 | $3.22M |
| Sale | Common Stock, par value $0.01 per share | 256,232 | $6.66 | $1.71M |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.52 to $6.79, inclusive. The reporting person undertakes to provide to Amplify Energy Corp. (the "Company"), any security holder of the Company 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 ranges set forth in this footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.23 to $6.65, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company 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 ranges set forth in this footnote (2) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.22 to $6.42, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company 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 ranges set forth in this footnote (3) to this Form 4. Securities owned directly by Stoney Lonesome HF LP ("Stoney Lonesome"). Mr. Coghill, as the President and sole shareholder of CDC Financial, Inc. ("CDC Financial"), the managing member of the general partner of Stoney Lonesome, may be deemed to beneficially own the securities owned directly by Stoney Lonesome. Securities owned directly by The Drake Helix Holdings, LLC ("Drake Helix"). Mr. Coghill, as the President and sole shareholder of CDC Financial, the managing member of Drake Helix, may be deemed to beneficially own the securities owned directly by Drake Helix. Mr. Coghill disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Coghill is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
