Form 4: Amphenol CFO Craig Lampo Exercises Options and Sells Shares

Sentiment:

SEC Form 4 Filing


Craig Lampo, Senior VP & CFO of Amphenol Corp, exercised stock options and sold shares on August 14, 2024.

Summary

  • On August 14, 2024, Craig A. Lampo, the Senior VP & CFO of Amphenol Corporation, exercised stock options to acquire 250,000 shares of Class A Common Stock at a price of $14.4975 per share.
  • Simultaneously, Lampo sold 250,000 shares of Class A Common Stock at a weighted average price of $65.0073 per share, with individual trades ranging from $64.8101 to $65.1111.
  • Following these transactions, Lampo directly owns 218,116 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.
  • After the transaction, Lampo directly holds 150,000 stock options.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports routine insider trading activity. It doesn't inherently indicate positive or negative prospects for the company.

Industry Context

This Form 4 filing indicates insider trading activity, which is common for executives who receive stock options as part of their compensation. The market will likely interpret this as a routine transaction.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.

Key Dates

DateDescription
05/26/2017Date stock options were exercisable
08/14/2024Date of stock option exercise and share sale
08/15/2024Date of Form 4 filing
05/26/2026Expiration date of stock options

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