Form 4: Ametek Executive David F. Hermance Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
David F. Hermance, President Electromechanical at Ametek Inc, reported the disposal of common stock to cover tax obligations arising from equity compensation.
Summary
- On March 21, 2025, David F. Hermance, President Electromechanical at Ametek Inc., disposed of 223 shares of common stock at a price of $174.52 per share to cover tax obligations.
- On March 22, 2025, Mr. Hermance disposed of an additional 283 shares of common stock at the same price for the same reason.
- Following these transactions, Mr. Hermance directly owns 40,165 shares of Ametek Inc. common stock.
- He also has indirect ownership through a 401k plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider trading. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions. It is common for executives to sell shares to cover tax obligations related to stock-based compensation.
Stakeholder Impact
- The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the disposal.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Disposal of 223 shares of Ametek common stock. |
| 03/22/2025 | Disposal of 283 shares of Ametek common stock. |
| 03/24/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Ametek, Insider Trading, Stock Disposal, Tax Obligations, David F. Hermance, AME
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