Form 4: Amphenol Corp Executive Transfers Shares to Grantor Retained Annuity Trust
SEC Form 4 Filing
Lance E. D'Amico, a Senior VP, Secretary & GenCounsel at Amphenol Corp, reported a transaction involving the transfer of 25,000 Class A Common Stock shares into a Grantor Retained Annuity Trust (GRAT) and the receipt of 25,000 shares from the same trust.
Summary
- On January 28, 2025, Lance E. D'Amico, a Senior VP, Secretary & GenCounsel at Amphenol Corp, engaged in a transaction involving Class A Common Stock.
- D'Amico transferred 25,000 shares of Class A Common Stock out of personal ownership at a price of $0 per share.
- Simultaneously, D'Amico acquired 25,000 shares of Class A Common Stock indirectly through the Lance E. Damico 2025 GRAT #1.
- Following these transactions, D'Amico directly owns 51,400 shares and indirectly owns 25,000 shares through the GRAT.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. The use of a GRAT is a common estate planning technique.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it primarily involves a transfer of shares for estate planning purposes.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of the transaction involving Class A Common Stock. |
| 01/29/2025 | Date of signature for the report. |
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