Amodei Robert 4
Research Summary
AI-generated summary
AMETEK (AME) SVP Robert Amodei Receives Award; Shares Withheld
What Happened
Robert Amodei, Senior Vice President and Controller of AMETEK (AME), was granted 360 restricted shares on 2026-03-18 (grant price reported as $212.77, total value $76,597). The filing also shows a withholding/disposition of 69 shares at $212.77 (amounting to $14,681) to satisfy tax liabilities, and a separate grant of 1,130 derivative awards (stock options) reported at $0 in the filing.
Key Details
- Transaction date: 2026-03-18; Form 4 filed 2026-03-19 (timely filing).
- Restricted stock: 360 shares @ $212.77 each = $76,597 (footnote F1: issued under AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan).
- Tax withholding: 69 shares withheld @ $212.77 = $14,681 (footnote F2: shares withheld to pay taxes; coded F = tax withholding/disposition).
- Option awards: 1,130 derivative awards shown at $0 (footnote F3: options vest in three equal annual installments beginning March 18, 2027).
- Shares owned after the transactions: not disclosed in the provided excerpt.
- Filing timeliness: appears timely (filed next day).
Context
This is primarily a compensation-related award (restricted stock and option grants), not an outright market purchase; the 69-share disposal is a routine tax-withholding event and not necessarily a bearish signal. The option grants are not immediately exercisable — they vest in three equal annual installments starting March 18, 2027 — so there is no immediate cashless exercise or market sale tied to those options.