DeMichiei Robert 4
Research Summary
AI-generated summary
Ampco‑Pittsburgh Director Robert DeMichiei Receives 7,374-Share Award
What Happened
- Robert DeMichiei, a director of Ampco‑Pittsburgh Corporation (AP), received a grant of 7,374 restricted shares on 2026-05-15. The shares were granted at $0.00 (no cash paid) — reported as an award (transaction code A). The filing was made on 2026-05-18.
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-18 (appears timely).
- Shares granted: 7,374; Price: $0.00 (award); reported acquisition value $0.
- Vesting: These restricted shares vest on the first anniversary of the grant date (per filing footnote).
- Plan: Grant made under the Ampco‑Pittsburgh Corporation 2016 Omnibus Incentive Plan, as amended and restated May 8, 2025.
- Shares owned after transaction: Not specified in this Form 4.
- Transaction type: Award/grant of restricted stock (not an open‑market purchase or sale).
Context
- Restricted stock grants are compensation that vests over time and can be forfeited if vesting conditions aren’t met; they are not the same as a director buying shares on the open market. This filing is informational about compensation rather than a signal of immediate buying or selling.