AME.NYSEAmetek Inc/

Form 4: Ametek Director Steven W. Kohlhagen Sells 1,440 Shares

Sentiment:

SEC Form 4


Director Steven W. Kohlhagen sold 1,440 shares of Ametek Inc. common stock on June 12, 2024, at an average price of $173.9334.

Summary

  • On June 12, 2024, Steven W. Kohlhagen, a director of Ametek Inc., sold 1,440 shares of the company's common stock.
  • The sale was executed at an average price of $173.9334 per share.
  • Following the transaction, Kohlhagen directly owns 24,809 shares of Ametek Inc.
  • The shares were sold at prices ranging from $173.89 to $173.98.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

  • The sale of shares by a director could be perceived negatively by some shareholders, as it might suggest a lack of confidence in the company's future performance, although this is a relatively small transaction.

Key Dates

DateDescription
06/12/2024Date of transaction: Steven W. Kohlhagen sold 1,440 shares of Ametek Inc. common stock.
06/13/2024Date of signature: Form 4 signed by Lynn Carino, attorney-in-fact for Mr. Kohlhagen.

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