8-KLeadership ChangesExhibits & Filings

AMETEK INC/ 8-K Report, Executive Changes (May 8, 2026)

Filed May 8, 2026For Securities:AME

Summary

AMETEK, Inc. (AME) has announced the appointment of Nick L. Stanage to its Board of Directors, effective May 7, 2026. Mr. Stanage will serve as an independent Class III Director until the 2027 Annual Meeting. This appointment brings new expertise to the board, though no specific details regarding potential strategic impact are provided in this filing. Investors should note that Mr. Stanage's appointment is not tied to any prior arrangements or understandings with other parties. The company also outlined the standard compensation for its non-employee directors, which includes an annual retainer of $120,000 and an annual equity award valued at $210,000, both prorated for Mr. Stanage's initial year of service. Directors are also reimbursed for related expenses. The press release announcing this appointment is attached as an exhibit, and investors can refer to it for further details on Mr. Stanage's background and the company's rationale for the appointment.

Key Highlights

  • 1Nick L. Stanage appointed as an independent Class III Director to AMETEK's Board, effective May 7, 2026.
  • 2Mr. Stanage will serve until the 2027 Annual Meeting.
  • 3His appointment is not contingent on any existing arrangements or understandings.
  • 4Non-employee directors receive an annual retainer of $120,000.
  • 5Non-employee directors receive an annual equity award with a target value of $210,000.
  • 6Mr. Stanage will receive prorated compensation for his director services in 2026.
  • 7Press release announcing the appointment is included as an exhibit.

Frequently Asked Questions

The provided 8-K filing states that Nick L. Stanage has been appointed to the Board of Directors. While his appointment is noted, this specific filing does not detail his professional background or qualifications. Investors are encouraged to refer to the attached press release (Exhibit 99.1) for more information on his experience.

The primary financial impact relates to the compensation for Mr. Stanage as a non-employee director. He will receive a prorated annual basic retainer fee of $120,000 and a prorated annual equity award valued at $210,000. Expenses related to his board service will also be reimbursed. These are standard costs for board membership and are not expected to significantly impact the company's overall financials in isolation.

The filing states that Mr. Stanage was appointed to serve as an independent Class III Director. It also clarifies that there is no arrangement or understanding between him and any other person pursuant to which he was appointed. The specific strategic reasons or benefits the company anticipates from his appointment are not detailed in this particular 8-K filing, but are likely elaborated on in the press release.