Ampco Pittsburgh CFO gets RSU grant, tax withholding
Ampco Pittsburgh Corporation’s VP, CFO & Treasurer, David George Anderson, reported routine equity compensation activity.
Rhea-AI Filing Summary
Ampco Pittsburgh Corporation’s VP, CFO & Treasurer, David George Anderson, reported routine equity compensation activity. He received a grant of 11,117 restricted stock units, which vest in three equal annual installments under the company’s 2016 Omnibus Incentive Plan as amended May 8, 2025.
On the same date, the company withheld a total of 14,254 common shares at $10.85 per share to cover tax liabilities tied to the vesting of prior 2023, 2024, 2025 restricted stock unit awards and performance-based restricted stock units. These are tax-withholding dispositions, not open‑market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,370 | $10.85 | $15K |
| Exercise Price or Tax Liability | Common Stock | 2,179 | $10.85 | $24K |
| Exercise Price or Tax Liability | Common Stock | 2,489 | $10.85 | $27K |
| Exercise Price or Tax Liability | Common Stock | 8,216 | $10.85 | $89K |
| Grant/Award | Common Stock | 11,117 | $0.00 | $0.00 |
Footnotes (5)
- F1. Represents the payment of tax liability by withholding shares incident to the vesting of the 2023 grant of Restricted Stock Units.
- F2. Represents the payment of tax liability by withholding shares incident to the vesting of the 2024 grant of Restricted Stock Units.
- F3. Represents the payment of tax liability by withholding shares incident to the vesting of the 2025 grant of Restricted Stock Units.
- F4. Represents the payment of tax liability by withholding shares incident to the vesting of the performance-based restricted stock units.
- F5. Represents a grant of restricted stock units under the Ampco-Pittsburgh Corporation ("Company") 2016 Omnibus Incentive Plan, as amended and restated as of May 8, 2025. Each restricted stock unit represents the contingent right to receive upon vesting of the unit, one share of the Company's common stock. Restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
Key Figures
Key Terms
Restricted Stock Units financial
performance-based restricted stock units financial
tax liability financial
2016 Omnibus Incentive Plan financial
FAQ
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What insider transaction did Ampco Pittsburgh (AP) report for its CFO?
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AI-generated analysis. How Rhea-AI works. Not financial advice.