Form 4: AMETEK Executive Thomas C. Marecic Reports Stock Transactions

Thomas C. Marecic, an executive at AMETEK Inc., reports acquisition and disposal of company stock, including transactions related to performance-based restricted stock units (PRSUs), tax withholdings, and dividend reinvestments in retirement plans.

Summary

• On February 20, 2025, Thomas C. Marecic, President of Electronic Instruments at AMETEK Inc., reported several transactions involving AMETEK's common stock.
• These transactions include the acquisition of 3,499 shares through the settlement of PRSUs awarded on March 13, 2022.
• Marecic also disposed of 997 shares to cover tax obligations at a price of $188.78 per share.
• Additionally, he acquired 19 shares and 86 shares through dividend reinvestments in the 401(k) Plan and the Supplemental Executive Retirement Plan, respectively.
• Following these transactions, Marecic directly owns 41,632 shares of common stock and indirectly owns 3,029 shares through the 401(k) Plan, 13,553 shares through the Supplemental Executive Retirement Plan, and 348 shares by his wife.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and don't necessarily indicate a strong positive or negative outlook. The PRSU settlement is a positive, but the tax-related disposal is a slight negative.

Positives

• The acquisition of shares through PRSU settlement indicates that performance targets were met, which is a positive signal.

Negatives

• The disposal of 997 shares to cover tax obligations, while routine, represents a reduction in Marecic's direct holdings.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are routine and do not represent a significant change in ownership.

Key Dates

Keywords

AMETEK, Marecic, stock transactions, Form 4, PRSU, dividend reinvestment, insider trading