Form 4: Amentum Holdings Chief Legal Officer Receives Restricted Stock Units

Stuart Ira Young, Chief Legal Officer of Amentum Holdings, Inc., was granted 3,629 Restricted Stock Units (RSUs) on November 6, 2024, according to a Form 4 filing with the SEC.

Summary

• On November 6, 2024, Stuart Ira Young, the Chief Legal Officer of Amentum Holdings, Inc., received 3,629 Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of Amentum Holdings common stock.
• The RSUs will vest after 1 year, provided Mr. Young is employed at Amentum and does not voluntarily terminate or is terminated for cause within that period.
• Following the transaction, Mr. Young directly owns 3,629 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard executive compensation practices, incentivizing management and aligning interests with shareholders.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders.
• The vesting conditions incentivize continued employment and performance.

Future Outlook

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

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with shareholder value.

Comparison to Industry Standards

• Executive compensation packages, including RSU grants, vary widely across industries and companies based on factors such as company size, performance, and executive responsibilities.
• Comparing Amentum Holdings' executive compensation to similar companies in the government contracting or engineering services sectors would provide a more detailed benchmark.
• Companies like Jacobs Engineering Group, AECOM, and Fluor Corporation also utilize equity-based compensation for their executives.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive incentive for the executive to drive company performance.
• Employees may see the grant as a sign of the company's commitment to its leadership team.

Key Dates