Form 4: AMETEK CEO David Zapico Reports Stock Transactions

AMETEK's CEO, David Zapico, reports acquisition of restricted stock and stock options, as well as withholding of shares for tax obligations.

Summary

• On March 18, 2025, David Zapico, CEO of AMETEK Inc., acquired 12,230 shares of common stock at $176.08 per share and was granted options for 46,870 shares.
• These shares were issued under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan.
• On March 19, 2025, 1,524 shares were withheld to cover tax obligations at a price of $177.07.
• Following these transactions, Zapico directly owns 353,327 shares of common stock and indirectly owns 59,745 shares through a Serp.
• The stock options become exercisable in three equal annual installments starting March 19, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock transactions by an executive. The acquisition of shares and options could be seen as slightly positive, but the tax withholding is neutral.

Positives

• The acquisition of restricted stock and stock options by the CEO could be seen as a positive sign, indicating confidence in the company's future performance.

Negatives

• The withholding of shares to cover taxes could be interpreted as a need to liquidate some holdings, although it is a common practice.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CEO, trade in their company's stock. It provides transparency to the market about the transactions of key personnel.

Stakeholder Impact

• The transactions could have a minor impact on shareholders by slightly diluting the stock if the options are exercised in the future.

Key Dates

Keywords

AMETEK, David Zapico, stock options, restricted stock, Form 4, insider trading, executive compensation, share withholding