Form 4: Amentum Holdings Chief Growth Officer Awarded Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Amentum Holdings' Chief Growth Officer, Sean Thomas Mullen, was granted 9,298 restricted stock units that will vest on December 17, 2025.

Summary

  • Sean Thomas Mullen, Chief Growth Officer of Amentum Holdings, Inc., was granted 9,298 restricted stock units on December 20, 2024.
  • These restricted stock units represent a contingent right to receive one share of AMTM common stock each.
  • The restricted stock units will vest on December 17, 2025.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns management interests with shareholders. There are no negative implications.

Positives

  • The grant of restricted stock units aligns the Chief Growth Officer's interests with those of the shareholders.
  • The vesting period of just over a year may encourage continued performance and retention.

Future Outlook

The restricted stock units will vest on December 17, 2025, contingent on continued employment.

Industry Context

Stock-based compensation is a common practice for incentivizing and retaining key executives in publicly traded companies.

Comparison to Industry Standards

  • Restricted stock units are a standard form of equity compensation used across various industries to align executive interests with shareholder value.
  • The vesting period of approximately one year is fairly typical for such grants, although specific terms can vary based on company performance and individual agreements.
  • Companies like Lockheed Martin, General Dynamics, and Raytheon also use similar equity-based compensation for their executives.

Stakeholder Impact

  • Shareholders may view this as a positive sign of incentivizing management.
  • Employees may see this as a standard practice for executive compensation.

Key Dates

DateDescription
12/20/2024Date of the restricted stock unit grant.
12/17/2025Vesting date of the restricted stock units.
12/23/2024Date the form was signed.

Keywords

restricted stock units, stock grant, executive compensation, Amentum Holdings, AMTM, Sean Thomas Mullen, Chief Growth Officer

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