Form 4: Ampco Pittsburgh Corp: Insider Stock Transactions

Samuel Lyon of Ampco Pittsburgh Corp reports stock transactions including the acquisition of restricted stock units and the disposal of shares for tax liabilities.

Summary

• Samuel Lyon, President of Union Electric at Ampco Pittsburgh Corp, has reported several stock transactions on May 15, 2026.
• These transactions include the disposal of 3,029 shares at $10.85 each to cover tax liabilities related to the vesting of 2023 Restricted Stock Units (RSUs).
• Additionally, 3,166 shares were disposed of at $10.85 each for tax liabilities from 2024 RSUs, and 3,547 shares at $10.85 each for tax liabilities from 2025 RSUs.
• Performance-based restricted stock units also resulted in the disposal of 18,185 shares at $10.85 each for tax liabilities.
• A new grant of 15,056 restricted stock units was acquired at $0, under the company's 2016 Omnibus Incentive Plan, as amended.
• These new RSUs vest in three equal annual installments starting one year from the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily details routine insider transactions related to compensation and tax obligations rather than significant strategic shifts or performance indicators.

Positives

• Acquisition of 15,056 restricted stock units, indicating continued incentive alignment with management.
• The vesting of RSUs and performance-based units suggests the company is meeting certain performance or time-based criteria.

Negatives

• Disposal of a significant number of shares (28,027 shares in total) to cover tax liabilities, which reduces the insider's direct ownership.

Risks

• The disposal of shares for tax liabilities could be interpreted as a need for liquidity by the insider, though this is a common practice upon vesting.
• The vesting schedule for the new RSUs implies a multi-year commitment and performance expectation.

Future Outlook

The newly granted restricted stock units are subject to a three-year vesting schedule, indicating a forward-looking incentive for Samuel Lyon tied to continued service and company performance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard for tracking insider activity. The transactions reported by Samuel Lyon, including share disposals for tax withholding upon RSU vesting and the grant of new RSUs, are common practices for executives in publicly traded companies, reflecting compensation structures and tax management.

Stakeholder Impact

• Shareholders: The disposal of shares for tax liabilities reduces the direct ownership stake of a key executive, though this is a common and expected practice.
• Employees: The grant of RSUs to management aligns executive incentives with long-term company performance and value creation.
• Management: The transactions reflect the standard compensation and tax management practices for corporate officers.

Next Steps

• The acquired restricted stock units will vest in three equal annual installments.
• Continued monitoring of Samuel Lyon's beneficial ownership as RSUs vest over the next three years.

Key Dates

Keywords

Form 4, SEC Filing, Insider Transaction, Ampco Pittsburgh Corp, AMP, Samuel Lyon, Restricted Stock Units, RSU Vesting, Tax Liability, Stock Grant