Form 4: American Tower Corp: Executive Thomas A. Bartlett Reports Stock Transaction
SEC Form 4 Filing
Thomas A. Bartlett, an advisor to the CEO of American Tower Corp, reports disposition of shares to cover withholding taxes related to vesting of restricted stock units.
Summary
- On March 10, 2024, Thomas A. Bartlett, an advisor to the CEO of American Tower Corp, reported a transaction involving common stock.
- Bartlett disposed of 31,926 shares of common stock at a price of $207.31 per share to cover withholding taxes related to the vesting of restricted stock units.
- Following the transaction, Bartlett directly owns 270,132 shares of American Tower Corp.
- Bartlett also indirectly owns 16,928 shares through trusts for children and 193 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations from vested stock, so it's neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 03/10/2024 | Date of stock transaction |
| 03/12/2024 | Date of signature on the report |
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