McClain Gretchen W 4
Research Summary
AI-generated summary
AMETEK Director Gretchen McClain Receives 950-Share Award
What Happened
Gretchen W. McClain, a director of AMETEK, received 950 restricted shares on March 18, 2026, at a reported price of $212.77 per share (total value ≈ $202,132). On the same date she also acquired 52 shares via dividend reinvestment reported at $0.00 value. The 950 shares are an award/grant (code A) and the 52 shares are an other acquisition (code J).
Key Details
- Transaction date: 2026-03-18.
- Award: 950 restricted shares @ $212.77 each; reported total ≈ $202,132 (code A).
- Dividend reinvestment: 52 shares @ $0.00 (code J).
- Footnotes: F1 = restricted stock issued under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan; F2 = dividend reinvestments under the Deferred Compensation Plan.
- Shares owned after transaction: not specified in the provided Form 4.
- Filing timeliness: Reported with the same period and filing date (2026-03-18); no late filing indicated.
Context
Restricted stock grants are typically compensation awards that may vest over time under the company’s omnibus plan; dividend reinvestments reflect dividends being converted into additional shares under a deferred compensation arrangement. These are acquisitions through company programs (not open-market purchases) and generally reflect compensation structure rather than an outright market buy.