Ampco Pittsburgh (AP) executive reports RSU grant and tax-withholding share dispositions
Rhea-AI Filing Summary
Ampco Pittsburgh Corporation executive Samuel Lyon reported routine equity compensation activity. On May 15, 2026, he acquired 15,056 shares of common stock through a grant of restricted stock units under the company’s 2016 Omnibus Incentive Plan. These units vest in three equal annual installments beginning on the first anniversary of the grant date.
On the same date, a total of 27,927 shares of common stock were disposed of at $10.85 per share to cover tax liabilities tied to the vesting of 2023, 2024, 2025 restricted stock unit awards and performance-based restricted stock units. These F-code transactions are tax-withholding dispositions rather than open-market sales, and reflect standard handling of equity compensation.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant with tax withholding; no open‑market trading signal.
Reporting person Samuel Lyon, President of Union Electric at Ampco Pittsburgh, received a grant of 15,056 restricted stock units on May 15, 2026. The award was made under the company’s 2016 Omnibus Incentive Plan and vests in three equal annual installments, which is a typical multi-year retention structure.
The filing also shows 27,927 shares withheld at $10.85 per share to satisfy tax liabilities upon vesting of prior-year and performance-based RSUs. These F-code transactions are settlements with the issuer, not open-market sales, so they carry little informational value about Lyon’s view of the stock. Overall, this appears to be routine compensation-related activity with neutral impact on investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,029 | $10.85 | $33K |
| Tax Withholding | Common Stock | 3,166 | $10.85 | $34K |
| Tax Withholding | Common Stock | 3,547 | $10.85 | $38K |
| Tax Withholding | Common Stock | 18,185 | $10.85 | $197K |
| Grant/Award | Common Stock | 15,056 | $0.00 | -- |
Footnotes (1)
- Represents the payment of tax liability by withholding shares incident to the vesting of the 2023 grant of Restricted Stock Units. Represents the payment of tax liability by withholding shares incident to the vesting of the 2024 grant of Restricted Stock Units. Represents the payment of tax liability by withholding shares incident to the vesting of the 2025 grant of Restricted Stock Units. Represents the payment of tax liability by withholding shares incident to the vesting of the performance-based restricted stock units. 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.