Form 4: AMETEK Executive Tony J. Ciampitti Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Tony J. Ciampitti, an executive at AMETEK Inc., reported disposing of shares to cover tax obligations arising from stock-based compensation.
Summary
- On March 21 and 22, 2025, Tony J. Ciampitti, President of Electronic Instruments at AMETEK Inc., disposed of 314 and 265 shares of common stock, respectively, to cover tax obligations.
- The transactions were executed at a price of $174.52 per share.
- Following these transactions, Ciampitti directly owns 53,096 shares of AMETEK common stock.
- He also indirectly owns 2,760 shares through a 401k plan and 9,402 shares through a 401k Plan Common Stock/ Serp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes associated with stock awards or option exercises.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on shareholders, as it is a routine transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Disposal of 314 shares of AMETEK common stock. |
| 03/22/2025 | Disposal of 265 shares of AMETEK common stock. |
| 03/24/2025 | Date of signature for the Form 4 filing. |
Keywords
AMETEK, Ciampitti, stock disposal, Form 4, tax obligations, insider trading, AME, executive compensation
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