VP Michael R. Ivas sells 120,000 APH shares at $140.05 for $16.8M, reducing holdings 44.1%
Michael R. Ivas, VP & Corporate Controller, sold 120,000 shares (120.0K shares) at $140.05 on 2025-11-05, reducing his position from 272,412 to 152,412 shares—a 44.1% reduction in holdings. The sale occurred near the 52-week high of $141.55 (-2.4% from peak), and at a transaction price $1.94 above the current price of $138.11. Across his cross-ticker trading history, Ivas's prior 3 sells returned an average of +24.8% over 90 days with a 0.00% well-timed rate, indicating those sales preceded subsequent gains rather than declines. At APH specifically, his 2 measurable prior sells (2025-08-08 and 2025-05-29) also showed positive 90-day returns of +25.5% and +24.0% respectively, with neither meeting the criterion for well-timed exit (0 of 2 prior sells had negative 90d outcomes). This pattern suggests that timing relative to subsequent price movement is not a distinguishing feature of his sales at this ticker.