Gross Mario 4
Research Summary
AI-generated summary
Amrize (AMRZ) Chief Supply Chain Officer Gross Receives 4,257-Share Award
What Happened
- Gross Mario, Chief Supply Chain Officer of Amrize Ltd (AMRZ), received 4,257 ordinary shares on 2026-02-27 as an award/settlement (Form 4 transaction code A). The shares were reported at $0.00 per share (total reported value $0), reflecting a non-cash settlement of previously granted performance stock units.
- The settled units originated from equity awards previously granted by Holcim Ltd and converted when Holcim distributed Amrize shares in the June 23, 2025 spin-off. The performance stock units vested based on Holcim’s and Amrize’s performance for the period Jan 1, 2023–Dec 31, 2025. The filing also notes inclusion of 258 shares acquired under Amrize’s 2025 Employee Stock Purchase Plan.
Key Details
- Transaction date: 2026-02-27; Filing date: 2026-03-03 (filed within the Form 4 timing window).
- Price reported: $0.00 per share; Shares acquired: 4,257 (transaction code A = award/settlement).
- Shares owned after the transaction: not specified in the details provided.
- Notable footnotes: F1 — settlement of performance stock units converted from Holcim awards due to the 6/23/2025 spin-off; vested based on 2023–2025 performance. F2 — includes 258 shares from the 2025 Employee Stock Purchase Plan.
- This was an award/settlement, not an open-market purchase or sale.
Context
- This was a conversion/settlement of previously issued performance-based equity tied to a corporate spin-off and multi-year performance period; it is compensation-related rather than a market purchase or sale. Such awards reflect vesting/conversion mechanics and past performance outcomes, not an immediate market trade.