Form 4: Affiliated Managers Group COO Exercises Options, Sells Shares, and Makes Charitable Donation

Thomas M. Wojcik, COO of Affiliated Managers Group, exercised stock options, sold shares to cover taxes, and made a charitable donation of company stock on August 16, 2024.

Summary

• On August 16, 2024, Thomas M. Wojcik, the Chief Operating Officer of Affiliated Managers Group, Inc. (AMG), engaged in several transactions involving the company's common stock.
• Wojcik exercised employee stock options to acquire 127,500 shares at a price of $74.49 per share.
• Following the exercise of options, Wojcik disposed of 92,364 shares to cover tax obligations at a price of $172.25.
• He also gifted 3,125 shares of common stock to a charitable donor advised fund.
• Additionally, Wojcik sold 4,786 shares at a weighted average price of $172.71, with individual transaction prices ranging from $170.40 to $173.50.
• After these transactions, Wojcik directly owns 84,392 shares of AMG common stock and 245,645 derivative securities.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to stock options and tax obligations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates