Amphenol (APH) EVP Lance D'Amico Exercises Options and Sells Shares

What Happened

• Lance E. D'Amico, EVP, Secretary & General Counsel of Amphenol (APH), exercised stock options to acquire a total of 100,000 shares on 2026-08-03 and then sold those 100,000 shares in the open market the same day.
• Exercise details: 50,000 shares at $22.55, 40,000 shares at $22.37, and 10,000 shares at $22.55 (total exercise payments = $2,248,050).
• Sales proceeds: 50,000 shares sold at a weighted avg ~$161.99, 40,000 at ~$161.82, and 10,000 at ~$161.82, totaling $16,190,245. Net proceeds (sales minus exercise cost) ≈ $13,942,195. The filing also shows the related derivative instruments were disposed (recorded at $0) as part of the exercise.

Key Details

• Transaction date: 2026-08-03; Form 4 filed 2026-08-05 (timely filing).
• Exercise (derivative code M) and open market sales (S) occurred same day — effectively a cashless exercise + sale.
• Prices and trade ranges: weighted average sale prices reported (F1). Specific trade ranges noted in the filing: $161.80–$162.1210 (F2) and $161.0600–$162.0300 (F3).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• No mention of 10b5‑1 plan, tax withholding, gift, or late filing in this disclosure.

Context

• This is a common pattern where an insider exercises stock options and immediately sells the resulting shares to realize gains (often called a cashless exercise). Such transactions convert derivative holdings into stock sale proceeds but do not necessarily indicate a change in the insider's long-term view.
• For retail investors, purchases are typically more informative about insider confidence; this transaction is a routine exercise-plus-sale that generated significant net cash for the insider.