Form 4: Amphenol CFO Craig Lampo Exercises Options and Sells Shares
SEC Form 4 Filing
Craig Lampo, Senior VP & CFO of Amphenol Corp, exercised stock options and sold shares on November 6, 2024.
Summary
- On November 6, 2024, Craig A. Lampo, the Senior VP & CFO of Amphenol Corporation, exercised stock options to acquire 400,000 shares of Class A Common Stock at a price of $18.23 per share.
- Lampo then sold 300,000 shares of Class A Common Stock at a weighted average price of $71.5638, with individual trades ranging from $71.4300 to $72.0000.
- Following these transactions, Lampo directly owns 318,116 shares of Class A Common Stock.
- Lampo also indirectly owns 100,000 shares through the Craig A. Lampo 2024 GRAT #1 and 39,884 shares through the Lampo Family Trust.
- Lampo continues to hold options for 400,000 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider transactions. Monitoring such filings can provide insights into management's perspective on the company's valuation and future prospects, but one transaction is not necessarily indicative of a trend.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/19/2018 | Date stock options were exercisable |
| 05/19/2027 | Expiration date of stock options |
| 11/06/2024 | Date of transaction: exercise of stock options and sale of shares |
| 11/07/2024 | Date of signature on the SEC Form 4 |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.