Form 4: Amphenol Corp's SR VP & CFO, Craig A. Lampo, Executes Stock Option and Sells Shares
SEC Form 4 Filing
Craig A. Lampo, SR VP & CFO of Amphenol Corp, exercised stock options and sold 150,000 shares of Class A Common Stock on October 29, 2024.
Summary
- On October 29, 2024, Craig A. Lampo, the Senior Vice President & CFO of Amphenol Corporation, executed a stock option to acquire 150,000 shares of Class A Common Stock at a price of $14.4975 per share.
- Simultaneously, Lampo sold 150,000 shares of Class A Common Stock at a weighted average price of $68.7604, with individual trades ranging from $68.7000 to $68.8701.
- 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.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard insider transaction disclosure. The CFO exercised options and sold shares, which is a common practice.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock options as part of their compensation. The market will likely interpret this as a standard transaction unless the volume is unusually high or low compared to historical insider trading patterns.
Stakeholder Impact
- The transaction could have a minor impact on shareholders depending on how the market interprets the insider selling activity.
Key Dates
| Date | Description |
|---|---|
| 05/26/2017 | Date the Stock Option became exercisable |
| 05/16/2026 | Expiration date of the Stock Option |
| 10/29/2024 | Date of stock option exercise and sale of shares |
| 10/31/2024 | Date of Form 4 filing |
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