Form 4: Adtran Holdings Chairman & CEO Thomas Stanton Reports Stock Transaction
SEC Form 4 Filing
Thomas Stanton, Chairman and CEO of Adtran Holdings, reports disposition of shares to cover withholding taxes upon vesting of restricted stock units.
Summary
- On April 13, 2025, Thomas R. Stanton, Chairman and CEO of Adtran Holdings, Inc., reported a transaction involving common stock.
- Stanton disposed of 5,408 shares to cover withholding taxes due upon the vesting of previously granted restricted stock units.
- The transaction was executed at a price of $7.62 per share.
- Following the transaction, Stanton beneficially owns 950,185.51 shares of Adtran Holdings, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations arising from vested stock, a common occurrence.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/13/2025 | Date of stock transaction |
| 04/15/2025 | Date of signature on the report |
Keywords
Form 4, ADTN, Adtran Holdings, Thomas Stanton, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Withholding Taxes
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