Form 4: AMETEK Executive Ronald Oscher Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Ronald Oscher, Chief Administrative Officer of AMETEK Inc., reports transactions involving common stock and derivative securities, including the settlement of Performance Restricted Stock Units (PRSUs) and withholding of shares for tax purposes.
Summary
- Ronald Oscher, Chief Administrative Officer of AMETEK Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On February 20, 2025, Oscher acquired 3,499 shares of common stock through the settlement of PRSUs awarded on March 13, 2022.
- On the same date, 853 shares were disposed of to cover tax obligations at a price of $188.78 per share.
- Additionally, there were dividend reinvestments in the 401(k) Plan (6 shares) and the Supplemental Executive Retirement Plan (31 shares).
- Following these transactions, Oscher directly owns 39,223 shares of common stock and indirectly owns 910 shares through the 401(k) Plan and 4,865 shares through the Supplemental Executive Retirement Plan.
Sentiment
Score: 6
Explanation: The document reflects routine transactions related to executive compensation and does not indicate any significant positive or negative sentiment.
Positives
- The acquisition of 3,499 shares through PRSU settlement indicates a potential alignment of executive compensation with company performance.
Negatives
- The disposal of 853 shares to cover tax obligations represents a reduction in Oscher's direct holdings, although this is a common practice.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and alignment with shareholder interests.
Comparison to Industry Standards
- Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
- The tax withholding of shares is a common practice among executives receiving stock-based compensation.
- Dividend reinvestment plans are a standard feature of many retirement and savings plans.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| March 13, 2022 | Date of PRSU award |
| February 20, 2025 | Date of transactions: PRSU settlement, tax withholding, and dividend reinvestments |
| February 21, 2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, beneficial ownership, AMETEK, Ronald Oscher, stock, PRSU, dividend reinvestment, executive compensation
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