Amphenol Corp CEO Exercises Options and Sells $65.9M in Class A Common Stock

Executive Summary

On November 2, 2026, Amphenol Corp ($APH) President and Chief Executive Officer Richard Adam Norwitt executed a significant stock option exercise and subsequent open-market sale totaling $65,945,990.17 across 799,576 shares. Concurrently, Mr. Norwitt disposed of 200,000 shares via a bona fide gift.

Key Transaction Highlights

• Derivative Exercise (Code M): Exercised options for 799,576 shares of Class A Common Stock at a strike price of $11.1863 per share (expiring May 23, 2029).
• Open Market Sale (Code S): Sold all 799,576 option-derived shares at a volume-weighted average price of $82.4762 (trade range: $81.61 to $83.20), generating gross proceeds of ~$65.95M.
• Gifting Activity (Code G): Disposed of 200,000 shares at $0 transaction price (fair market value closing price of $79.84).
• Post-Transaction Holdings:
  • Direct: 3,655,014 shares
  • Indirect (Norwitt Family Trust): 1,728,354 shares
  • Indirect (IRA): 7,936 shares
  • Total equity retained exceeds 5.39 million shares.

Market & Strategic Context

Although the aggregate dollar figure is substantial, the sale represents a classic cashless option exercise ahead of expiration. Mr. Norwitt retains a multi-million share equity stake directly and indirectly through trust structures, demonstrating sustained alignment with long-term shareholders.