Hermance David F. 4
Research Summary
AI-generated summary
AMETEK (AME) President David F. Hermance Withholds Shares for Taxes
What Happened
- David F. Hermance, President — Electromechanical at AMETEK (AME), had a total of 469 shares withheld to satisfy tax liabilities tied to equity compensation. On 2026-03-19, 186 shares were withheld at $211.50 each for $39,339; on 2026-03-22, 283 shares were withheld at $209.37 each for $59,252. These entries are recorded as dispositions for tax withholding, not open-market sales.
Key Details
- Transaction dates and amounts:
- 2026-03-19: 186 shares @ $211.50 — $39,339 (withheld)
- 2026-03-22: 283 shares @ $209.37 — $59,252 (withheld)
- Total shares withheld: 469; total value ≈ $98,591.
- Shares owned after transaction: not specified in this filing.
- Footnote: F1 indicates these were withholding of shares to pay taxes.
- Filing date (Form 4): 2026-03-23 (per accession 0001037868-26-000124). The filing does not indicate a late-report flag.
Context
- These transactions reflect tax-withholding related to equity compensation (e.g., option exercise or restricted stock vesting). Withholding of shares to cover taxes is routine and is not the same as an open-market sale that would signal a view on the stock. The filing is informational about the mechanics of tax payment, not an express buy or sell decision.