AMETEK (AME) awards director Dean Seavers 950 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMETEK Inc. director Dean Seavers reported an equity award of company stock. On this Form 4, he acquired 950 shares of AMETEK common stock as a grant or award valued at $212.77 per share. The shares constitute restricted stock issued under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan.
Following this award, Seavers directly holds 5,600 shares of AMETEK common stock. This transaction reflects compensation in stock rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seavers Dean
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 950 | $212.77 | $202K |
Holdings After Transaction:
Common Stock — 5,600 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did AMETEK (AME) director Dean Seavers report on this Form 4?
Dean Seavers reported receiving an award of 950 shares of AMETEK common stock. The shares were granted as restricted stock under the company’s 2020 Omnibus Incentive Compensation Plan and are reported as an acquisition of non-derivative common stock.
Was Dean Seavers’ AMETEK Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a grant or award acquisition, not an open-market purchase. The 950 shares of common stock were issued as restricted stock under AMETEK’s 2020 Omnibus Incentive Compensation Plan, reflecting equity compensation rather than a market trade.
Under which plan was the AMETEK restricted stock granted to Dean Seavers?
The restricted stock granted to Dean Seavers was issued under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan. The footnote specifies that the 950-share award constitutes restricted stock granted pursuant to this omnibus incentive compensation program.
What transaction code is used for Dean Seavers’ AMETEK stock grant on Form 4?
The transaction uses code “A,” which indicates a grant, award, or other acquisition. In this case, the Form 4 describes the 950 AMETEK common shares as restricted stock issued under the company’s 2020 Omnibus Incentive Compensation Plan, rather than a purchase or sale.