Amphenol CEO Adam Norwitt Sells 799,576 Shares For $65.9 Million After Exercising Options
Norwitt bought the shares at $11.1863 through options and sold them at an average $82.48, keeping 5,391,304 shares.
Amphenol President and CEO Richard Adam Norwitt sold 799,576 shares of the connector maker's Class A stock on Monday at an average $82.48, a sale worth $65.9 million, after exercising options for the same number of shares. The Form 4, the report insiders file after trading, was filed Tuesday.
Options at $11.19, sold at $82.48
The options carried an exercise price of $11.1863 per share. Individual sales priced between $81.61 and $83.20, which averages out to $82.48.
The filing also reports a separate gift of 200,000 shares on Monday. A footnote puts the closing price on the gift date at $79.84. The figures reflect the September 2, 2026 2-for-1 split.
What Norwitt still holds
After the transactions, Norwitt holds 5,391,304 shares: 3,662,950 directly and 1,728,354 indirectly through the Norwitt Family Trust. That stake was worth about $453.9 million at Tuesday's close of $84.19.
The sale equals 12.92% of the stake he reported before the filing, leaving 87.08% in place. Shares of Amphenol had risen 18.2% this year as of Monday's close.
A connector maker with three segments
Amphenol designs, makes and sells electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and specialty cable. In its 10-K for 2025, Communications Solutions made up 52% of net sales, Harsh Environment Solutions 26% and Interconnect and Sensor Systems 22%.
The $11.19 exercise price against the $82.48 average sale price is the spread behind the $65.9 million sale.
Sources
- Form 4 — Richard Adam Norwitt (APH) — SEC EDGAR
