Form 4: AMETEK Executive Hardin John Wesley Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
John Wesley Hardin, an executive at AMETEK, reported the withholding of 347 shares of common stock to cover tax obligations on March 11, 2024.
Summary
- On March 11, 2024, John Wesley Hardin, President of Electronic Instruments at AMETEK INC, had 347 shares of common stock withheld to cover withholding taxes.
- The price per share for the transaction was $180.86.
- Following the transaction, Hardin directly owns 68,661 shares of AMETEK common stock.
- Hardin also has indirect ownership through a 401k plan, holding 519 shares, and through a 401k Plan/Serp, holding 22,858 shares.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction (share withholding for taxes). It doesn't indicate positive or negative sentiment regarding the company's performance or future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small fraction of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of the transaction where 347 shares were withheld to cover taxes. |
| 03/12/2024 | Date of signature by attorney-in-fact for Mr. Hardin. |
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