Form 4: AMETEK Executive VP William Joseph Burke Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Executive VP and CFO of AMETEK, William Joseph Burke, reports the withholding of 607 shares of common stock to cover tax obligations on March 11, 2024.
Summary
- On March 11, 2024, William Joseph Burke, Executive VP and CFO of AMETEK Inc., had 607 shares of common stock withheld to cover withholding taxes.
- The price per share for the transaction was $180.86.
- Following the transaction, Burke directly owns 107,314 shares of common stock.
- Burke also holds 3,253 shares of common stock through deferred compensation and 12,523 shares through SERP.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and has neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of the transaction where 607 shares were withheld for tax obligations. |
| 03/12/2024 | Date of signature for the report. |
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