Amentum Holdings (AMTM) CEO corrects insider stake after in-kind JV distribution
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Amentum Holdings, Inc. reports an amended insider ownership filing for its Chief Executive Officer, who also serves as a director. The Form 4/A updates the number of common shares beneficially owned to 333,847 shares held directly after a previously misreported balance.
According to the explanation, the change reflects a non-reportable transfer of shares received from a pro-rata in-kind distribution by Amentum Joint Venture LP to its partners for no consideration at the time of the transaction. The amendment is being filed solely to correct the holding shown in the non-derivative securities table and does not describe a new purchase or sale for cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Heller John E.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 333,847 shares (Direct)
Footnotes (1)
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FAQ
What insider change did Amentum Holdings (AMTM) report in this Form 4/A?
The filing shows the Amentum Holdings Chief Executive Officer and director now beneficially owns 333,847 shares of common stock directly after correcting a previously reported balance.
Why did Amentum Holdings (AMTM) file an amended Form 4 rather than a new Form 4?
The document states it is an amendment filed solely to report the correct holding in Table I, updating the insider’s common stock balance rather than reporting a new cash purchase or sale.
Does this Amentum Holdings (AMTM) Form 4/A involve derivative securities?
Table II for derivative securities is present but contains no filled-in derivative entries, while the correction applies to the non-derivative common stock holdings in Table I.
Who is the reporting person in this Amentum Holdings (AMTM) insider filing and what is their role?
The reporting person is identified as a Director and Officer (Chief Executive Officer) of Amentum Holdings, Inc., filing individually as one reporting person.