AMPCO PITTSBURGH CORP·4

May 19, 11:27 AM ET

Anderson David George 4

Research Summary

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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.