Form 4: Ampco-Pittsburgh Corp Director DeMichiei Receives Stock Grant

Director Robert DeMichiei acquired 12,728 shares of Ampco-Pittsburgh Corp stock through a restricted stock grant.

Summary

• Robert DeMichiei, a director of Ampco-Pittsburgh Corp, reported a transaction on May 15, 2025.
• DeMichiei acquired 12,728 shares of common stock through a grant.
• The shares were acquired at a price of $0.
• Following the transaction, DeMichiei beneficially owns 78,185 shares of Ampco-Pittsburgh Corp.
• The grant was made under the Ampco-Pittsburgh Corporation 2016 Omnibus Incentive Plan, as amended and restated May 8, 2025.
• The restricted stock vests on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral positive.

Positives

• The stock grant aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The director's holdings will increase as the restricted stock vests.

Industry Context

Stock grants are a common form of executive compensation in publicly traded companies.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making.

Key Dates

Keywords

stock grant, director, Form 4, AMPCO PITTSBURGH CORP, AP, DeMichiei, restricted stock, beneficial ownership