Speranza Emanuela 4/A
Research Summary
AI-generated summary
AMETEK CCO Emanuela Speranza Exercises Awards, Withholds Shares
What Happened
Emanuela Speranza, Chief Commercial Officer of AMETEK (AME), had restricted/derivative awards convert on March 21–22, 2025 and had shares withheld to satisfy tax obligations. Specifically, 404 shares converted on 2025-03-21 and 343 shares converted on 2025-03-22 (total 747 shares acquired/converted at $0.00). To cover taxes, 182 shares were withheld/disposed on 2025-03-21 for $174.52 each ($31,763) and 155 shares were withheld/disposed on 2025-03-22 for $174.52 each ($27,051), totaling 337 shares and $58,814. This filing is an amendment. Ms. Speranza owned 29,270 shares of AMETEK common stock as of the amendment date.
Key Details
- Transaction dates: 2025-03-21 and 2025-03-22. Exercise/conversion price shown as $0.00 for converted awards. Withheld shares sold at $174.52 each.
- Withheld/disposed totals: 337 shares; proceeds used to satisfy tax withholding = $58,814 (31,763 + 27,051).
- Shares acquired/converted (derivative exercise/conversion): 404 + 343 = 747 shares.
- Shares owned after transaction (per filing): 29,270 common shares.
- Footnotes: F1 = withholding of shares to pay taxes; F2/F3 = RSUs vest in three equal annual installments (beginning 3/19/2025 and 3/22/2024, respectively); amendment lists shares that vested related to forfeiture of previously reported shares.
- Filing status: AMENDED filing dated 2026-02-13 covering 2025 transactions — this amendment was filed well after the transaction dates.
Context
Code M indicates exercise/conversion of a derivative award (here, vesting/conversion of restricted stock units or similar awards). The withheld/disposed shares were routine tax-withholding actions (not open-market sales), which are common when awards vest. Such withholding reduces the newly vested shares delivered to the insider and does not necessarily signal a voluntary sell decision. The amendment corrects or updates prior reporting; late or amended filings mean earlier public records may not have reflected these details until now.