Form 4: AMETEK Executive Tony J. Ciampitti Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Tony J. Ciampitti, a President at AMETEK, INC, reported the withholding of 310 common stock shares to cover tax obligations on March 11, 2024.
Summary
- On March 11, 2024, Tony J. Ciampitti, a President at AMETEK INC, reported a transaction involving the withholding of 310 common stock shares.
- The shares were withheld to cover withholding taxes at a price of $180.86 per share.
- Following the transaction, Ciampitti directly owns 48,789 shares of common stock.
- Ciampitti also has indirect ownership through a 401k plan, holding 2,742 shares.
- Additionally, Ciampitti directly owns 8,785 shares of Common Stock/Serp.
Sentiment
Score: 7
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 the transaction involving the withholding of shares for tax obligations. |
| 03/12/2024 | Date of signature for the report. |
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