Ametek (NYSE: AME) CFO granted 11,960 options and new shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMETEK Executive VP and CFO Dalip Puri reported equity compensation awards and related tax withholding. He received stock options for 11,960 shares of Common Stock at an exercise price of $212.7700 per share, issued under the company’s 2020 Omnibus Incentive Compensation Plan. These options become exercisable in three equal annual installments beginning on March 18, 2027 and expire on March 18, 2036. He was also granted 3,780 shares of Common Stock, with 335 shares withheld to cover taxes, leaving 11,832 shares of Common Stock held directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Puri Dalip
Role
Executive VP- CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 11,960 | $0.00 | -- |
| Grant/Award | Common Stock | 3,780 | $212.77 | $804K |
| Tax Withholding | Common Stock | 335 | $212.77 | $71K |
Holdings After Transaction:
Stock Option — 11,960 shares (Direct);
Common Stock — 12,167 shares (Direct)
Footnotes (1)
- Constitutes restricted stock issued under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan. Represents withholding of shares to pay taxes. The stock options will become exercisable in three equal annual installments beginning on March 18, 2027.
FAQ
What did AMETEK (AME) CFO Dalip Puri receive in this Form 4 filing?
AMETEK’s CFO Dalip Puri received stock options for 11,960 shares and a grant of 3,780 Common Shares. These awards are part of equity compensation and increase his direct holdings while aligning his incentives with company performance.
What are the key terms of Dalip Puri’s new AMETEK (AME) stock options?
The new stock options cover 11,960 AMETEK shares at an exercise price of $212.7700. They become exercisable in three equal annual installments starting March 18, 2027, and expire on March 18, 2036, providing long-term equity exposure.
Under which plan were Dalip Puri’s AMETEK (AME) equity awards granted?
The restricted stock grant reported for Dalip Puri was issued under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan. This plan governs the company’s stock-based compensation, including restricted stock and stock option awards to executives.
Are Dalip Puri’s AMETEK (AME) transactions open-market buys or sales?
The reported AMETEK transactions are equity compensation events, not open-market trades. They include option and share grants classified as acquisitions, plus 335 shares withheld to satisfy taxes, rather than discretionary buying or selling in the market.