Form 4: Ampco Pittsburgh CEO McBrayer Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Ampco Pittsburgh's CEO, Brett McBrayer, disposed of 9,821 shares of common stock on May 5, 2025, to cover tax liabilities related to the vesting of restricted stock units.

Summary

  • On May 5, 2025, Brett McBrayer, the CEO of Ampco Pittsburgh Corp, disposed of 9,821 shares of common stock.
  • The transaction was executed to cover tax liabilities associated with the vesting of restricted stock units granted in 2022.
  • The shares were disposed of at a price of $2.23 per share.
  • Following the transaction, McBrayer directly owns 373,347 shares of Ampco Pittsburgh Corp.
  • The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock disposal for tax purposes, with no inherent positive or negative 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 may have a minor impact on shareholders due to the small number of shares disposed of by the CEO.

Key Dates

DateDescription
05/05/2025Date of stock disposal transaction.
05/06/2025Date of signature on the Form 4 filing.

Keywords

Form 4, SEC Filing, Ampco Pittsburgh, Brett McBrayer, Stock Disposal, Tax Liability, Restricted Stock Units, AP

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