Form 4: AMETEK CEO David Zapico Reports Changes in Beneficial Ownership

David Zapico, CEO of AMETEK Inc., reports transactions involving common stock, including acquisition through settlement of PRSUs, tax withholding, and dividend reinvestments.

Summary

• David Zapico, the CEO of AMETEK Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock on February 20, 2025.
• The transactions include the acquisition of 32,824 shares of common stock through the settlement of Performance-Based Restricted Stock Units (PRSUs) awarded on March 13, 2022.
• Additionally, 13,947 shares were disposed of to cover tax obligations at a price of $188.78 per share.
• Zapico also acquired 102 shares through dividend reinvestments in the Deferred Compensation Plan and 379 shares through dividend reinvestments in the Supplemental Executive Retirement Plan (SERP).
• He also disposed of 16,047 shares related to Deferred Compensation at $188.78 per share.
• Following these transactions, Zapico directly owns 342,621 shares of common stock, 16,047 shares of common stock/deferred compensation, and 59,745 shares of common stock/SERP.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations. The acquisition of shares through PRSU settlement is a slightly positive signal.

Positives

• The acquisition of 32,824 shares through PRSU settlement indicates confidence in the company's performance.

Negatives

• The disposal of 13,947 shares for tax obligations, while routine, represents a reduction in Zapico's holdings.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and alignment with shareholder interests.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive stock ownership.

Key Dates

Keywords

AMETEK, David Zapico, Form 4, Beneficial Ownership, Stock Transactions, PRSUs, Deferred Compensation, SERP, Dividend Reinvestments