Director at Ampco-Pittsburgh (AP) receives 7,374-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PAUL LAURENCE E reported acquisition or exercise transactions in this Form 4 filing.
Ampco-Pittsburgh Corporation director Laurence E. Paul received a grant of 7,374 shares of Common Stock as restricted stock. The award was made at a price of $0.00 per share under the Ampco-Pittsburgh Corporation 2016 Omnibus Incentive Plan, as amended and restated May 8, 2025.
These restricted shares vest on the first anniversary of the May 15, 2026 grant date. After this award, Paul holds a total of 91,742 shares of Ampco-Pittsburgh common stock directly, reflecting a routine, compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PAUL LAURENCE E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,374 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 91,742 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 7,374 shares
Grant price: $0.00 per share
Shares owned after grant: 91,742 shares
+1 more
4 metrics
Restricted stock grant
7,374 shares
Common Stock award on May 15, 2026
Grant price
$0.00 per share
Restricted stock compensation award
Shares owned after grant
91,742 shares
Director Laurence E. Paul direct holdings post-transaction
Vesting schedule
First anniversary of grant date
Restricted stock under 2016 Omnibus Incentive Plan
Key Terms
restricted stock, 2016 Omnibus Incentive Plan, vest, Form 4
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"
vest financial
"These grants of restricted stock vest on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Ampco-Pittsburgh (AP) disclose for Laurence E. Paul?
Ampco-Pittsburgh disclosed that director Laurence E. Paul received a grant of 7,374 shares of restricted Common Stock. The shares were awarded at $0.00 per share as equity compensation and increase his direct holdings to 91,742 shares after the transaction.
Was the Ampco-Pittsburgh (AP) insider transaction an open-market buy or a stock grant?
The transaction was a stock grant, not an open-market purchase. Director Laurence E. Paul received 7,374 restricted shares at $0.00 per share under the company’s 2016 Omnibus Incentive Plan as part of his equity-based compensation package.