AME.NYSEAmetek Inc/

Form 4: Ametek Executive David F. Hermance Reports Stock Disposals for Tax Obligations

Sentiment:

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

DateDescription
03/21/2025Disposal of 223 shares of Ametek common stock.
03/22/2025Disposal of 283 shares of Ametek common stock.
03/24/2025Date 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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