Form 4: Ampco-Pittsburgh Corp Executive Samuel Lyon Disposes of Shares to Cover Tax Obligations

Samuel Lyon, President of Union Electric at Ampco-Pittsburgh Corp, disposed of 2,930 shares of common stock on May 6, 2024, to cover tax liabilities related to the vesting of restricted stock units.

Summary

• On May 6, 2024, Samuel Lyon, President of Union Electric at Ampco-Pittsburgh Corp, disposed of 2,930 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 $2.04 per share.
• Following the transaction, Lyon directly owns 126,858 shares of Ampco-Pittsburgh Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider trading. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates