Form 4: AMETEK Executive Thomas C. Marecic Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Thomas C. Marecic, an executive at AMETEK Inc., reported the withholding of shares to cover tax obligations on March 11, 2024.
Summary
- On March 11, 2024, Thomas C. Marecic, President of Electronic Instruments at AMETEK Inc., had shares withheld to cover withholding taxes.
- A total of 343 shares of common stock were withheld at a price of $180.86 per share.
- Following the transaction, Mr. Marecic directly owns 38,490 shares of AMETEK Inc.
- Mr. Marecic also indirectly owns 348 shares through his wife and holds shares in a 401k plan (3,010 shares) and a SERP (13,467 shares).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This is a routine disclosure related to insider transactions, specifically the withholding of shares to cover tax obligations, which is a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of share withholding transaction |
| 03/12/2024 | Date of signature by attorney-in-fact |
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