Business Context and Reporting Period
This Form 8-K Current Report, dated October 6, 2025, covers Amprius Technologies, Inc. (NYSE: AMPX), an emerging growth company specializing in advanced materials. The filing reports a significant change in executive leadership effective October 6, 2025.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. This report focuses exclusively on executive compensation and appointment details.
Material Changes
- Appointment of CFO: Mr. Ricardo C. Rodriguez was appointed Chief Financial Officer, effective October 6, 2025.
- Departure of CFO: Ms. Sandra Wallach retired as Chief Financial Officer effective October 6, 2025.
- Transition Arrangement: Ms. Wallach entered into a consulting agreement to provide transitional CFO services at a rate of $200 per hour.
Compensation, Outlook, and Risks
Compensatory Arrangements for Mr. Rodriguez
- Base Salary: $451,000 annually.
- Cash Bonus: Eligible beginning in 2026 with a target value of 65% of base salary, subject to performance goals.
- Sign-on Bonus: One-time payment of $80,000, subject to repayment if voluntarily terminated within the first 12 months.
- Relocation Benefits: Up to $50,000 for temporary housing and relocation, plus tuition reimbursement, subject to repayment if voluntarily terminated within the first 12 months.
- Equity Grant: 200,000 restricted stock units (RSUs) granted on October 6, 2025. Vesting schedule: 25% after one year, with the remainder vesting quarterly over the subsequent three years.
- Severance: Three months of base salary continuation if terminated without Cause or for Good Reason, subject to a release of claims.
Risks and Contingencies
The filing notes that employment is at-will. Repayment of the sign-on bonus and relocation benefits is contingent upon voluntary termination within the first 12 months of employment.
Investor Verification Checklist
- Verify the full text of the Offer Letter and Consulting Agreement when filed as exhibits to the Form 10-Q for the period ending September 30, 2025.
- Confirm the specific performance goals established by the Board for the 2026 cash bonus target.
- Review the Company's 2022 Equity Incentive Plan to understand the full terms of the 200,000 RSU grant.
- Monitor future filings for any financial impact of the transition costs and new executive compensation on the upcoming fiscal quarter.