Form 4: Amphenol Director Altobello Receives Stock Award
SEC Form 4 Filing
Director Nancy A. Altobello acquired 1,365 shares of restricted stock in Amphenol Corporation on May 17, 2024, under the 2024 Restricted Stock Plan for Directors.
Summary
- On May 17, 2024, Nancy A. Altobello, a director of Amphenol Corporation, acquired 1,365 shares of restricted stock.
- The acquisition was made under the terms of the 2024 Restricted Stock Plan for Directors of Amphenol Corporation.
- Following the transaction, Altobello directly owns 1,365 shares of restricted stock and 6,876 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard stock award to a director, which is a common practice. It doesn't inherently indicate positive or negative performance.
Positives
- The acquisition of restricted stock by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard stock award to a director, which is a common practice in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's alignment with the company's success.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of transaction: Acquisition of restricted stock. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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