Ampco-Pittsburgh grants 42,240 performance shares
Lyon Samuel reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lyon Samuel reported acquisition or exercise transactions in this Form 4 filing.
Ampco-Pittsburgh Corporation reported that Samuel Lyon, President of Union Electric, received a grant of 42,240 shares of common stock. These shares are to be issued upon satisfaction of performance requirements tied to targeted Relative Total Shareholder Return and require his continued service through May 15, 2026. Following this award, he holds 204,151 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 42,240 shares
Grant/Award
1 txn
Insider
Lyon Samuel
Role
President of Union Electric
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42,240 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 204,151 shares (Direct)
Footnotes (1)
- F1. These shares represent shares to be issued in connection with the satisfaction of performance requirements based on Ampco-Pittsburgh Corporation's achievement of targeted Relative Total Shareholder Return. The vesting of these shares is contingent on the Reporting Person's continued service to the Issuer through May 15, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ampco-Pittsburgh (AP) report for Samuel Lyon?
Ampco-Pittsburgh reported that Samuel Lyon received a grant of 42,240 shares of common stock. These shares are performance-based and will be issued only if Relative Total Shareholder Return targets are met and he remains in service through May 15, 2026.
Is Samuel Lyon’s Ampco-Pittsburgh (AP) stock grant tied to performance?
Yes. The 42,240-share grant represents shares to be issued only if Ampco-Pittsburgh achieves targeted Relative Total Shareholder Return. Vesting is also contingent on Samuel Lyon’s continued service to the issuer through May 15, 2026, aligning the grant with performance outcomes.
AI-generated analysis. How Rhea-AI works. Not financial advice.