Form 4: AMETEK CEO David Zapico Reports Stock Disposals for Tax Obligations
SEC Form 4
David Zapico, CEO of AMETEK Inc., reported disposing of common stock to cover tax obligations arising from equity compensation.
Summary
- On March 21 and 22, 2025, David Zapico, the CEO of AMETEK Inc., disposed of 2,114 and 2,258 shares of common stock, respectively, to cover tax obligations.
- The disposals were executed at a price of $174.52 per share.
- Following these transactions, Zapico directly owns 348,955 shares of AMETEK Inc. common stock and indirectly owns 59,745 shares through a Serp.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, a routine activity.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | CEO disposed of 2,114 shares of common stock for tax obligations. |
| 03/22/2025 | CEO disposed of 2,258 shares of common stock for tax obligations. |
| 03/24/2025 | Date of signature for the Form 4 filing. |
Keywords
AMETEK, David Zapico, CEO, Form 4, Stock Disposal, Tax Obligations, Beneficial Ownership, AME
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