Form 4: Ampco Pittsburgh Corp Executive Sells Shares to Cover Tax Obligations

David George Anderson, President of Air & Liquid Systems at Ampco Pittsburgh Corp, disposed of 750 shares of common stock to cover tax liabilities related to vesting restricted stock units.

Summary

• On May 5, 2025, David George Anderson, President of Air & Liquid Systems at Ampco Pittsburgh Corp, disposed of 750 shares of common stock.
• The transaction was executed to cover tax liabilities associated with the vesting of restricted stock units granted in 2022.
• Following the transaction, Anderson directly owns 50,741 shares of Ampco Pittsburgh Corp.
• The sale was conducted at a price of $2.23 per share.

Sentiment

Score: 5

Explanation: Neutral sentiment as this is a routine transaction to cover tax obligations and doesn't indicate a change in the executive's confidence in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations arising from the vesting of stock awards.

Key Dates

Keywords

Form 4, Beneficial Ownership, AMPCO PITTSBURGH CORP, AP, David George Anderson, Insider Trading, Restricted Stock Units, Tax Liability, Share Disposal