AMETEK INC/·4/A

Feb 13, 5:16 PM ET

Speranza Emanuela 4/A

Research Summary

AI-generated summary

Updated

AMETEK CCO Emanuela Speranza Exercises Options; Shares Withheld

What Happened

  • Emanuela Speranza, Chief Commercial Officer of AMETEK (AME), converted/ exercised derivative awards in March 2025 and had shares withheld to cover taxes. On March 19, 2025 she exercised/converting 230 derivative shares. As part of the transaction 104 shares were withheld to satisfy tax withholding at $177.07 per share, equal to about $18,415.
  • The filing also reports grant/award-related entries on March 18, 2025 for 890 and 2,720 restricted/derivative shares (reported with $0 value in this amendment). This amendment notes vesting/forfeiture adjustments related to previously reported shares.

Key Details

  • Transaction dates: March 18–19, 2025 (reported in an amended Form 4 filed 2026-02-13 — the filing is late).
  • Exercise/conversion: 230 shares (derivative) reported on 2025-03-19 at $0.00 per share.
  • Tax withholding: 104 shares withheld on 2025-03-19 at $177.07 = $18,415 (code F).
  • Grants/awards: entries of 890 and 2,720 restricted/derivative shares reported 2025-03-18 (both $0 in this filing).
  • Shares owned after transactions: 29,270 common shares (per filer note).
  • Notable footnotes: F1 = withholding to pay taxes; F2/F3 = RSUs and options vest in three equal annual installments beginning March 18, 2026 (and March 18, 2026 for options); F4 = lists shares that vested related to forfeiture of previously reported shares.
  • Filing status: This is an amended Form 4 filed nearly 11 months after the transaction dates.

Context

  • The key action appears to be an exercise/conversion of derivatives with a cashless element for taxes (shares withheld rather than an open-market sale). Such withholding to cover tax obligations is a routine administrative step and does not necessarily indicate a discretionary open-market sale.
  • The grants/RSU and option items include vesting schedules; watch for future vesting dates if you track insider alignment.