APH Form 4: VP Exercises Options at $18.23 and Sells at $110.02
Rhea-AI Filing Summary
Michael R. Ivas, Amphenol Corporation's VP & Corporate Controller, reported an option exercise and an immediate sale of the resulting shares on 08/08/2025. He exercised 50,000 stock options at an exercise price of $18.23 and acquired 50,000 Class A shares, then sold 50,000 Class A shares at a weighted average sale price of $110.0164 (executed in multiple trades between $110.00 and $110.08). After these transactions the filing shows 152,412 shares beneficially owned directly by the reporting person and 0 stock options remaining. The filing also lists indirect holdings of 2,995 shares by children and 1,700 shares by spouse. The report documents conversion/exercise activity and a contemporaneous sale, reducing derivative holdings to zero while leaving a material direct ownership stake.
Positive
- Derivative holdings reduced to zero after exercise, removing this specific option overhang from the reporting person's position
- Reporting person retains a direct stake of 152,412 shares, indicating continued ownership interest
- Sale price disclosed as a weighted average ($110.0164) with trade range provided, improving transparency
Negative
- Insider sold 50,000 shares, which may be interpreted by some investors as partial monetization of holdings
- Reduction in derivative exposure means no remaining vested options from this grant to align future incentives from these specific awards
Insights
TL;DR: Officer exercised 50,000 options and sold 50,000 shares, leaving 152,412 direct shares and zero options outstanding.
The filing records a simultaneous exercise and sale on 08/08/2025: 50,000 options were exercised at $18.23 and 50,000 shares sold at a weighted average of $110.0164 in multiple trades. Post-transaction derivative holdings are reported as 0, eliminating this specific option overhang from the reporting person’s holdings. Direct beneficial ownership remains significant at 152,412 shares, and the report also discloses small indirect holdings by family members. This is a routine Section 16 disclosure of monetization of vested awards and does not by itself provide new operational or financial information about Amphenol.
TL;DR: Routine insider exercise and sale disclosed; transaction details and residual ownership are clearly reported.
The Form 4 documents a clear chain of events: exercise of options granted earlier and an immediate sale of the acquired shares, with transaction pricing and the range of trade prices disclosed. The filing lists the reporting person’s role as VP & Corporate Controller and shows indirect family holdings, enhancing transparency about potential beneficial ownership. The form is focused on ownership changes and does not indicate any new corporate governance action or internal control change. Impact on shareholders is procedural rather than strategic.