AME.NYSEAmetek Inc/

Form 4: AMETEK Executive Thomas C. Marecic Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Thomas C. Marecic, a President at AMETEK, INC, reported disposing of company stock to cover tax obligations arising from stock awards.

Summary

  • On March 21, 2024, Thomas C. Marecic disposed of 347 shares of AMETEK INC common stock at a price of $184.91 per share to cover tax obligations.
  • Following this transaction, Mr. Marecic directly owns 39,423 shares.
  • On March 22, 2024, Mr. Marecic disposed of 293 shares of AMETEK INC common stock at a price of $183.15 per share to cover tax obligations.
  • Following this transaction, Mr. Marecic directly owns 39,130 shares.
  • Mr. Marecic also indirectly owns 348 shares through his wife, 3,010 shares through a 401k plan, and 13,467 shares through a SERP.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of the regulatory landscape, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The stock disposals are unlikely to have a significant impact on stakeholders, as they are related to tax obligations and involve a relatively small number of shares compared to the total outstanding.

Key Dates

DateDescription
03/21/2024Disposal of 347 shares of common stock at $184.91 per share for tax obligations.
03/22/2024Disposal of 293 shares of common stock at $183.15 per share for tax obligations.
03/25/2024Date of signature for the Form 4 filing.

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