Anderson David George 4
4 · AMPCO PITTSBURGH CORP · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Ampco‑Pittsburgh (AP) CFO David Anderson Receives RSUs, Withholds Shares
What Happened
David Anderson, Vice President and Chief Financial Officer & Treasurer of Ampco‑Pittsburgh Corporation, was granted 11,117 restricted stock units (RSUs) on 2026‑05‑15 (grant code A). At the same time, 14,254 shares were withheld to cover tax liabilities arising from multiple prior RSU vestings (disposition code F) — 1,370; 2,179; 2,489; and 8,216 shares — each withheld at $10.85 per share for a total value of approximately $154,657.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filing is within the typical 2‑business‑day window).
- Withheld shares: 1,370 + 2,179 + 2,489 + 8,216 = 14,254 shares withheld at $10.85 each = ~$154,657 (codes F — tax withholding).
- Grant: 11,117 RSUs granted (code A) at $0.00; each RSU represents the right to one share upon vesting.
- Footnotes: F1–F4 indicate the withheld shares paid tax liabilities from the vesting of 2023, 2024, 2025 and performance‑based RSU awards. F5 describes the RSU grant under the 2016 Omnibus Incentive Plan; RSUs vest in three equal annual installments beginning on the first anniversary of the grant.
- Shares owned after transaction: not disclosed in the provided filing.
Context
The dispositions here are tax‑withholding transactions tied to RSU vesting (routine administrative actions), not open‑market sales. The new RSU grant is a compensation award subject to future vesting; it is not an immediate purchase. These entries are informational for investors tracking insider compensation and potential future share dilution.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-15$10.85/sh−1,370$14,865→ 84,733 total - Tax Payment
Common Stock
[F2]2026-05-15$10.85/sh−2,179$23,642→ 82,554 total - Tax Payment
Common Stock
[F3]2026-05-15$10.85/sh−2,489$27,006→ 80,065 total - Tax Payment
Common Stock
[F4]2026-05-15$10.85/sh−8,216$89,144→ 71,849 total - Award
Common Stock
[F5]2026-05-15+11,117→ 82,966 total
Footnotes (5)
- [F1]Represents the payment of tax liability by withholding shares incident to the vesting of the 2023 grant of Restricted Stock Units.
- [F2]Represents the payment of tax liability by withholding shares incident to the vesting of the 2024 grant of Restricted Stock Units.
- [F3]Represents the payment of tax liability by withholding shares incident to the vesting of the 2025 grant of Restricted Stock Units.
- [F4]Represents the payment of tax liability by withholding shares incident to the vesting of the performance-based restricted stock units.
- [F5]Represents a grant of restricted stock units under the Ampco-Pittsburgh Corporation ("Company") 2016 Omnibus Incentive Plan, as amended and restated as of May 8, 2025. Each restricted stock unit represents the contingent right to receive upon vesting of the unit, one share of the Company's common stock. Restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.