Form 4: AMETEK Executive Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Thomas C. Marecic, President of Electronic Instruments at AMETEK, disposed of shares to cover tax obligations arising from stock transactions.
Summary
- On March 21 and 22, 2025, Thomas C. Marecic, President of Electronic Instruments at AMETEK INC, disposed of common stock to cover tax obligations.
- The disposals were executed at a price of $174.52 per share.
- On March 21, 347 shares were disposed of, and on March 22, 293 shares were disposed of.
- Following these transactions, Marecic directly owns 42,589 shares of AMETEK common stock.
- He also has indirect ownership through a 401k plan (3,029 shares) and shares held by his wife (348 shares).
- Additionally, he has 13,553 shares through a SERP (Supplemental Executive Retirement Plan).
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine stock disposals for tax purposes and doesn't indicate any strategic shift or concern.
Industry Context
Form 4 filings are a routine part of executive compensation and stock ownership transparency, providing insights into insider transactions.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on shareholders, as it is a routine transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Disposal of 347 shares of Common Stock at $174.52 due to tax obligations. |
| 03/22/2025 | Disposal of 293 shares of Common Stock at $174.52 due to tax obligations. |
| 03/24/2025 | Date of signature for the Form 4 filing. |
Keywords
AMETEK, Marecic, Stock Disposal, Form 4, Tax Obligations, Beneficial Ownership, AME, Electronic Instruments
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