Form 4: Affiliated Managers Group CFO Receives Stock Units

Dava Ritchea, CFO of Affiliated Managers Group, Inc., acquired 2,405 stock units on March 5, 2025, under the company's 2020 Equity Incentive Plan.

Summary

• On March 5, 2025, Dava Ritchea, the Chief Financial Officer of Affiliated Managers Group, Inc. (AMG), acquired 2,405 stock units.
• These stock units were awarded under the company's 2020 Equity Incentive Plan.
• The units vest in four equal installments on March 5 of 2026, 2027, 2028, and 2029.
• Following the transaction, Ritchea directly owns 2,405 stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard executive compensation practices, which are generally viewed favorably as aligning management and shareholder interests.

Positives

• The grant of stock units to the CFO aligns their interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the CFO.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the stock units.

Industry Context

This type of equity compensation is common in the asset management industry to incentivize executives and align their interests with shareholders. Companies like BlackRock, T. Rowe Price, and Franklin Resources also use similar equity-based compensation plans.

Comparison to Industry Standards

• Equity compensation is a standard practice among asset management firms.
• Companies like BlackRock, T. Rowe Price, and Franklin Resources use similar equity-based compensation plans to incentivize executives.
• The vesting schedule of four years is also fairly typical in the industry, aligning with long-term performance goals.

Stakeholder Impact

• The stock unit grant could have a slightly positive impact on shareholders by aligning the CFO's interests with the company's long-term performance.

Key Dates