AMETEK director receives 950-share restricted stock grant
AMATO THOMAS A reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
AMATO THOMAS A reported acquisition or exercise transactions in this Form 4 filing.
AMETEK director Thomas A. Amato received a grant of 950 shares of restricted common stock, valued at $212.77 per share, under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan. This is a compensation-related award rather than an open-market purchase.
After the grant, he directly holds 5,010 common shares. The filing also shows an additional 6,500 common shares held indirectly by a trust, giving him both direct and indirect exposure to AMETEK stock.
Insights
Routine director equity grant increases alignment through restricted stock.
The filing shows director Thomas A. Amato received 950 shares of AMETEK common stock as restricted stock under the 2020 Omnibus Incentive Compensation Plan. Grants like this are standard board compensation and do not represent an open-market share purchase.
Following the grant, Amato holds 5,010 shares directly, plus 6,500 shares held indirectly by a trust. This mix of direct and indirect ownership provides ongoing equity exposure, but the scale and compensation nature suggest a routine governance practice rather than a thesis-changing event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 950 | $212.77 | $202K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Constitutes restricted stock issued under the AMETEK, Inc. 2020 Omnibus Incentive Compensation Plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AMETEK (AME) director Thomas A. Amato report in this Form 4?
Is the AMETEK (AME) Form 4 transaction a stock purchase or an equity award?
What plan governs the restricted stock grant reported in the AMETEK (AME) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.