AMG (NYSE: AMG) counsel sells 2,200 shares and receives new stock awards
Rhea-AI Filing Summary
Affiliated Managers Group General Counsel Kavita Padiyar reported a mix of stock transactions. On March 9, 2026, she sold 2,200 shares of common stock in an open-market transaction at a weighted average price of $278.24 per share, leaving her with 42,672 directly held shares. The sale prices ranged from $278.00 to $278.51.
On March 5, 2026, previously reported stock unit awards vested and were converted into 2,288 shares of common stock, and she received additional grants of 2,426 common shares and 1,191 stock units. A portion of shares (2,282) was automatically surrendered to the company to satisfy tax withholding obligations. The new award issued under the 2020 Equity Incentive Plan vests in four equal installments on March 5 of 2027, 2028, 2029, and 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,200 | $278.24 | $612K |
| Exercise | Stock Units | 2,288 | $0.00 | -- |
| Grant/Award | Stock Units | 1,191 | $0.00 | -- |
| Exercise | Common Stock | 2,288 | $0.00 | -- |
| Grant/Award | Common Stock | 2,426 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,282 | $299.18 | $683K |
Footnotes (1)
- Reflects the vesting of previously reported awards. Awards vest 2023-2029. Award granted in March 2023, which settled following the achievement of performance conditions previously described in the Company's annual meeting proxy statements. Reflects the automatic surrender of shares of common stock to the Company to satisfy tax withholding obligations related to the vesting of the awards described above. The sale reflects the weighted average sales price of the shares sold; the individual transaction prices ranged from $278.00 to $278.51. Specific transaction details will be provided to the SEC upon request. The award, issued under the Company's 2020 Equity Incentive Plan, vests in four equal installments on each of March 5, 2027, 2028, 2029, and 2030.