AMETEK Files 8-K on Officer Compensation & Departures
Ticker: AME · Form: 8-K · Filed: Jan 16, 2024 · CIK: 1037868
| Field | Detail |
|---|---|
| Company | Ametek Inc/ (AME) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-compensation, corporate-governance, officer-changes
TL;DR
**AMETEK just filed an 8-K about executive pay and officer changes, keep an eye on leadership.**
AI Summary
AMETEK, Inc. filed an 8-K on January 16, 2024, to report changes in its executive compensation arrangements and potentially the departure or election of certain officers. This filing, under Items 5.02 and 9.01, indicates that the company is updating its compensatory structures for key personnel. For investors, this matters because changes in executive compensation can signal shifts in corporate strategy, performance incentives, or leadership stability, which could impact future stock performance.
Why It Matters
Changes in executive compensation and officer roles can reflect strategic shifts or performance incentives, directly influencing investor confidence and the company's future direction.
Risk Assessment
Risk Level: medium — Changes in executive compensation or officer roles can introduce uncertainty regarding leadership stability and future strategic direction, posing a moderate risk to investors.
Analyst Insight
A smart investor would monitor subsequent filings or company announcements for specific details on the executive changes and compensation arrangements to understand their potential impact on AMETEK's strategic direction and financial health.
Key Numbers
- $0.01 — Par Value (Par value of AMETEK's Common Stock)
Key Players & Entities
- AMETEK, Inc. (company) — registrant
- January 16, 2024 (date) — date of earliest event reported
- Delaware (company) — state of incorporation
- 1-12981 (dollar_amount) — Commission File Number
- 14-1682544 (dollar_amount) — IRS Employer Identification No.
- 1100 Cassatt Road Berwyn, Pennsylvania 19312 (company) — Address of principal executive offices
- (610) 647-2121 (dollar_amount) — Registrant’s telephone number
- Common Stock, $0.01 Par Value (voting) (company) — Title of each class of securities
- AME (company) — Trading symbol
- New York Stock Exchange (company) — Exchange on which registered
FAQ
What is the primary purpose of AMETEK, Inc.'s 8-K filing on January 16, 2024?
The primary purpose of AMETEK, Inc.'s 8-K filing on January 16, 2024, is to report information under Item 5.02, specifically regarding 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers,' and Item 9.01 for 'Financial Statements and Exhibits.'
What is AMETEK, Inc.'s trading symbol and on which exchange is its common stock registered?
AMETEK, Inc.'s trading symbol is AME, and its Common Stock, $0.01 Par Value (voting), is registered on the New York Stock Exchange.
What is the state of incorporation for AMETEK, Inc.?
AMETEK, Inc. is incorporated in Delaware, as stated in the filing.
What is the business address and telephone number of AMETEK, Inc.?
The business address of AMETEK, Inc. is 1100 Cassatt Road, Berwyn, Pennsylvania 19312, and its telephone number is (610) 647-2121.
What is the Commission File Number for AMETEK, Inc.?
The Commission File Number for AMETEK, Inc. is 1-12981, as indicated in the filing.
Filing Stats: 697 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2024-01-16 13:58:41
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value (voting) AME New York Stock E
Filing Documents
- ame-20240116.htm (8-K) — 32KB
- exhibit-991wjbretire1x16x24.htm (EX-99.1) — 5KB
- exhibit-992dmpcfo1x16x24.htm (EX-99.2) — 5KB
- a65.jpg (GRAPHIC) — 27KB
- image_3.jpg (GRAPHIC) — 43KB
- 0001037868-24-000002.txt ( ) — 268KB
- ame-20240116.xsd (EX-101.SCH) — 2KB
- ame-20240116_lab.xml (EX-101.LAB) — 23KB
- ame-20240116_pre.xml (EX-101.PRE) — 12KB
- ame-20240116_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated January 16, 2024 , "AMETEK Executive Vice President and Chief Fi nancial Officer William J. Burke to Retire " 99.2 Press Release dated January 16, 2024 , "AMETEK Promotes Dalip M. Puri to Executive Vice President and Chief Financial Officer " 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMETEK, Inc. January 16, 2024 By: /s/ THOMAS M. MONTGOMERY Name: Thomas M. Montgomery Title: Senior Vice President - Comptroller