AMETEK (AME) executive receives new stock options and restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMETEK executive John Wesley Hardin reported compensation-related equity awards rather than open-market trades. He received stock options for 4,290 shares of Common Stock at an exercise price of $212.7700 per share, which become exercisable in three equal annual installments beginning on March 18, 2027 and expire on March 18, 2036.
He also acquired 1,360 shares of Common Stock as restricted stock issued under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan. Of these, 237 shares were withheld to pay taxes, leaving 68,316 Common shares held directly after the transactions, plus 526 shares held indirectly through a 401k plan and 23,159 Common Stock/SERP units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Hardin John Wesley
Role
PRES. - ELECTRONIC INSTRUMENTS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 4,290 | $0.00 | -- |
| Grant/Award | Common Stock | 1,360 | $212.77 | $289K |
| Tax Withholding | Common Stock | 237 | $212.77 | $50K |
| holding | 401k Plan | -- | -- | -- |
| holding | Common Stock/ Serp | -- | -- | -- |
Holdings After Transaction:
Stock Option — 4,290 shares (Direct);
Common Stock — 68,553 shares (Direct);
401k Plan — 526 shares (Indirect, 401k Plan);
Common Stock/ Serp — 23,159 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 equity awards did AMETEK (AME) executive John Wesley Hardin receive?
John Wesley Hardin received stock options for 4,290 AMETEK shares at an exercise price of $212.7700 per share. He also acquired 1,360 shares of restricted Common Stock under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan as part of his compensation package.
When do John Wesley Hardin’s new AMETEK (AME) stock options vest and expire?
The stock options become exercisable in three equal annual installments beginning on March 18, 2027. They have an expiration date of March 18, 2036, giving the executive a long-term incentive tied directly to AMETEK’s share performance over that period.
What is the significance of the restricted stock grant to AMETEK (AME) executive John Wesley Hardin?
The 1,360-share restricted stock grant, issued under the 2020 Omnibus Incentive Compensation Plan, aligns Hardin’s compensation with AMETEK’s long-term performance. Restricted stock typically vests over time, encouraging retention and linking executive rewards to sustained shareholder value creation.
How does the tax withholding in John Wesley Hardin’s AMETEK (AME) filing work?
The Form 4 shows 237 AMETEK shares withheld to pay taxes related to the restricted stock award. Instead of paying cash, a portion of the granted shares covers tax obligations, which reduces net shares received but does not involve an open-market sale.