Home / Auditor changes / Amrize Ltd

1/5Amrize Ltd (AMRZ): Auditor change

Filed 2026-02-20 路 Form 8-K 路 Accession 0002035989-26-000020 large

Market data

Price before filing: $63.13 (2026-02-19 close, split/dividend-adjusted)
Market cap at flag: $36.03B (2026-02-20) 路 Latest: $20.90B (2026-10-16)

What happened next

WindowAMRZSPYvs SPY
30 days-13.5%-4.0%-9.6%2026-03-23
90 days-20.2%+8.8%-29.0%2026-05-21
180 days-28.3%+13.0%-41.3%2026-08-19

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider bought $77K (2 purchases)
30 days after: 5 insiders bought $4.5M (9 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-02-19Johnston Ian A
Chief Financial Officer
Purchase995$63.92$64KnoForm 4
2026-02-19Johnston Ian A
Chief Financial Officer
Purchase205$63.91$13KnoForm 4
2026-02-20: red flag filed
2026-03-06Jenisch Jan Philipp
Chairman & CEO, Director
Purchase60,000$58.05$3.5MnoForm 4
2026-03-09Hill Jaime
President, Building Materials
Purchase3,184$56.34$179KnoForm 4
2026-03-10Johnston Ian A
Chief Financial Officer
Purchase4,250$58.94$250KnoForm 4
2026-03-11Brouwer Roald
Chief Technology Officer
Purchase3,000$58.72$176KnoForm 4
2026-03-11Hill Jaime
President, Building Materials
Purchase1,000$58.91$59KnoForm 4
2026-03-12Hill Jaime
President, Building Materials
Purchase1,000$56.90$57KnoForm 4
2026-03-13Brouwer Roald
Chief Technology Officer
Purchase2,000$54.88$110KnoForm 4
2026-03-13Gross Mario
Chief Supply Chain Officer
Purchase2,000$55.39$111KnoForm 4
2026-03-13Gross Mario
Chief Supply Chain Officer
Purchase1,200$55.13$66KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-11-22 to 2026-03-22. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"On February 19, 2026, at the direction of the Audit Committee of the Board of Directors of Amrize Ltd (the "Company"), the Company engaged Ernst & Young LLP ("EY US") as the Company's independent registered public accounting firm for the year ending December 31, 2026, including performing reviews of the interim periods beginning with the period ending March 31, 2026."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: routine (same audit network, new member firm)
Disagreements reported: no
New auditor: Ernst & Young LLP

Why this score: routine: moved to another member firm of the same audit network

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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