Jenisch Jan Philipp 4
Research Summary
AI-generated summary
Amrize (AMRZ) CEO Jan Philipp Jenisch Buys 60,000 Shares
What Happened
- Jan Philipp Jenisch, Chairman & CEO (also a director) of Amrize Ltd (AMRZ), purchased 60,000 common shares on March 6, 2026. The reported USD weighted-average price was $58.05 per share, for a total reported purchase value of $3,483,000. This was a purchase (code P), which is generally interpreted as an acquisition rather than a sale.
Key Details
- Transaction date: March 6, 2026.
- Reported price: $58.05 per share (USD weighted average); total value $3,483,000.
- Footnote: Shares were bought in multiple transactions at CHF prices ranging CHF 45.30–45.50 (weighted average CHF 45.39). USD conversion used the transaction-date rate USD 1.00 = CHF 0.7819. The filer will provide per-transaction details upon request by the SEC, issuer, or a security holder.
- Shares owned after the transaction: Not specified in the filing.
- Filing timeliness: Form 4 was filed March 9, 2026 for a March 6 transaction (filed within the normal reporting window).
Context
- This is an insider purchase by the company’s CEO, which investors often view as a positive signal because executives are buying stock. The filing simply reports the acquisition; it does not state the insider’s motivation.