APH Form 4 — Silverman Exercises 100K Options and Sells 100K Shares at $110.42
Rhea-AI Filing Summary
Amphenol (APH) insider changes: Senior VP, Human Resources David M. Silverman reported transactions dated 08/25/2025. He exercised 100,000 stock options with an exercise price of $18.23 (options issued 05/19/2018, expiring 05/19/2027) and thereby acquired 100,000 Class A shares. On the same date he sold 100,000 Class A shares at a weighted average sale price of $110.4203 (trades ranged $109.90 to $110.59). Following the reported transactions the filing shows 12,500 Class A shares beneficially owned directly and 14,000 Class A shares indirectly through the 2025 GRAT #1.
Positive
- Option exercise and sale were fully disclosed with exercise price, option dates, sale weighted-average price, and trade-range specified
- Filing identifies indirect holdings (14,000 shares via 2025 GRAT), showing transparency about ownership structures
Negative
- Direct beneficial ownership decreased to 12,500 Class A shares following the reported transactions
- Large share disposition (100,000 shares sold) reduced the officer’s direct stake materially relative to prior reported post-exercise holdings
Insights
TL;DR: Routine option exercise and sell-to-cover/exit sale by an executive; not an unusual Section 16 filing.
The filing documents an exercise of 100,000 stock options (exercise price $18.23) followed by a contemporaneous sale of 100,000 Class A shares at a weighted average of $110.4203, with trade prices between $109.90 and $110.59. The option grant dates and expiration (05/19/2018 to 05/19/2027) are disclosed. Current direct beneficial ownership is reported as 12,500 shares and an indirect holding of 14,000 shares via a 2025 GRAT. This is a standard disclosure of liquidity events by an officer and does not in itself indicate material change to control or corporate strategy.
TL;DR: Compliance filing shows proper Section 16 reporting for an officer’s option exercise and sale.
The Form 4 shows the reporting person is Senior VP, Human Resources and that the form was filed by one reporting person. The signature is by a POA dated 08/26/2025. The filing includes an explicit explanation that the sale price is a weighted average and lists the trade price range. Ownership detail separates direct and indirect holdings (including a GRAT). From a governance perspective, the filing is complete in required disclosures.
FAQ
What transactions did David M. Silverman report on Form 4 for APH?
At what price were the APH shares sold in the reported transaction?
How many APH shares does the filing show Silverman beneficially owns after the transactions?
What are the option details disclosed on the Form 4?
Who signed the Form 4 and when was it signed?