Director at Ampco Pittsburgh (NYSE: AP) receives 7,374-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McNair Darrell L reported acquisition or exercise transactions in this Form 4 filing.
Ampco Pittsburgh Corporation director Darrell L. McNair reported a new equity award. He received a grant of 7,374 shares of common stock as restricted stock under the Ampco-Pittsburgh Corporation 2016 Omnibus Incentive Plan, as amended and restated May 8, 2025.
The restricted stock vests on the first anniversary of the grant date. After this grant, McNair directly holds 71,286 common shares and indirectly holds 6,640 common shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McNair Darrell L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,374 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 71,286 shares (Direct, null);
Common Stock — 6,640 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 7,374 shares
Grant price per share: $0.00 per share
Direct holdings after grant: 71,286 shares
+1 more
4 metrics
Restricted stock grant
7,374 shares
Grant of common stock to director on May 15, 2026
Grant price per share
$0.00 per share
Stated price for restricted stock award
Direct holdings after grant
71,286 shares
Common stock directly owned by director after transaction
Indirect holdings by trust
6,640 shares
Common stock held indirectly through a trust
Key Terms
restricted stock, 2016 Omnibus Incentive Plan, indirect ownership, grant, award, or other acquisition
4 terms
restricted stock financial
"Represents a grant of restricted stock under the Ampco-Pittsburgh Corporation 2016 Omnibus Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2016 Omnibus Incentive Plan financial
"under the Ampco-Pittsburgh Corporation 2016 Omnibus Incentive Plan, as amended and restated May 8, 2025"
indirect ownership financial
"total_shares_following_transaction 6640.0000, direct_or_indirect I, nature_of_ownership By Trust"
grant, award, or other acquisition financial
"transaction_code_description Grant, award, or other acquisition"
FAQ
What did Ampco Pittsburgh (AP) director Darrell McNair report on this Form 4?
Darrell L. McNair reported a grant of 7,374 shares of Ampco Pittsburgh common stock as restricted stock. This grant was awarded under the company’s 2016 Omnibus Incentive Plan as amended and represents compensation, not an open-market share purchase.
What are Darrell McNair’s total reported Ampco Pittsburgh (AP) holdings after this grant?
Following the grant, Darrell McNair directly holds 71,286 shares of Ampco Pittsburgh common stock. He also has indirect ownership of 6,640 additional shares held by a trust, giving him both direct and indirect exposure to the company’s equity.
What plan governed the restricted stock grant to the Ampco Pittsburgh (AP) director?
The grant was made under the Ampco-Pittsburgh Corporation 2016 Omnibus Incentive Plan, as amended and restated on May 8, 2025. This plan governs equity-based compensation, including restricted stock that typically vests over time based on continued service.