Form 4: Amentum Holdings Executive Chair Acquires 100,000 Shares
SEC Form 4
Steven J. Demetriou, Executive Chair of Amentum Holdings, recently acquired 100,000 shares of common stock at an average price of $20.807 per share.
Summary
- Steven J. Demetriou, the Executive Chair of Amentum Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On September 18, 2024, Demetriou received 520,893 shares of common stock via a pro-rata distribution from Jacobs Solutions Inc. for no consideration.
- On February 12, 2025, Demetriou purchased 100,000 shares of Amentum Holdings common stock at a weighted average price of $20.807 per share, with individual prices ranging from $20.60 to $21.08.
- Following these transactions, Demetriou directly owns 620,893 shares of Amentum Holdings common stock and indirectly owns 23,550 shares through a spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing simply reports transactions by an insider. The purchase of shares could be seen as a positive signal, but it's a single transaction and doesn't necessarily indicate a strong bullish outlook.
Positives
- The Executive Chair's purchase of 100,000 shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors as they can provide insights into management's views on the company's stock and future prospects.
Stakeholder Impact
- Shareholders may view the Executive Chair's stock purchase as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Demetriou received 520,893 shares of common stock via a pro-rata distribution from Jacobs Solutions Inc. |
| 02/12/2025 | Demetriou purchased 100,000 shares of Amentum Holdings common stock. |
| 02/14/2025 | Date of Form 4 filing. |
Keywords
Amentum Holdings, Steven J. Demetriou, Form 4, Beneficial Ownership, Executive Chair, Stock Acquisition, AMTM
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