Form 4: Amentum Holdings Executive Awarded Restricted Stock Units

Sean Thomas Mullen, Chief Growth Officer of Amentum Holdings, Inc., received restricted stock units representing a contingent right to receive AMTM common stock.

Summary

• Sean Thomas Mullen, Chief Growth Officer of Amentum Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On November 6, 2024, Mullen was granted 18,145 restricted stock units (RSUs) that vest in two tranches: one-half on the 18-month anniversary of the grant date and the remaining half on the three-year anniversary.
• Additionally, Mullen received 14,516 RSUs that vest in three equal installments on the first, second, and third anniversaries of the grant date.
• Each RSU represents the contingent right to receive one share of Amentum Holdings, Inc. (AMTM) common stock.
• Following these transactions, Mullen directly owns 18,145 and 14,516 restricted stock units.

Sentiment

Score: 7

Explanation: The document indicates standard executive compensation practices, which is generally viewed neutrally to positively. The granting of RSUs can align executive interests with shareholder value.

Positives

• The granting of restricted stock units to a key executive like the Chief Growth Officer can be seen as a positive incentive for performance and alignment with shareholder interests.

Future Outlook

The vesting schedules of the restricted stock units suggest a multi-year commitment from the executive.

Industry Context

Granting restricted stock units is a common practice in the industry to incentivize and retain key executives.

Comparison to Industry Standards

• Comparing the vesting schedules and amounts of RSUs to similar companies and executive roles would provide a benchmark for assessing the competitiveness of Amentum Holdings' compensation practices.
• Companies like Leidos, Booz Allen Hamilton, and CACI International also utilize stock-based compensation for their executives.

Stakeholder Impact

• Shareholders may view the granting of RSUs as a positive incentive for the executive to drive company growth and performance.
• Employees may see this as a sign of the company's commitment to rewarding its leadership.

Key Dates