AMG Director Annette Franqui Exercises 477 Share Award

What Happened Annette Franqui, a director of Affiliated Managers Group (AMG), reported the exercise/conversion of a previously granted derivative award that vested, resulting in 477 shares on August 15, 2026. The transaction reports acquisition of 477 shares at a $0 exercise price and a corresponding disposition entry for 477 shares (both reported as derivative activity); no cash payment is shown and the reported value is $0.

Key Details

• Transaction date: 2026-08-15 (Form filed 2026-08-18)
• Transaction code: M (exercise or conversion of a derivative)
• Shares affected: 477 shares acquired and 477 shares reported disposed (derivative)
• Price per share: $0.00; reported total value: $0
• Footnote: F1 — reflects the vesting of a previously reported award (award vested in 2026)
• Shares owned after transaction: not specified in the filing
• Filing timeliness: Form filed on Aug 18 for an Aug 15 transaction; the filing does not indicate a late-report flag

Context This filing documents the vesting and conversion of a previously granted award rather than an open‑market buy or sale. There is no record in this Form 4 of an immediate cash sale of shares — the report reflects the derivative award vesting and conversion. Vesting events are common for executive/director compensation and do not, by themselves, indicate a change in the insider’s market view.