Form 4: American Tower Corp: Former Director's Beneficial Ownership Update
SEC Filing
JoAnn A. Reed, a former director of American Tower Corp, reports changes in beneficial ownership following her departure from the board on May 14, 2025.
Summary
- This Form 4 filing reports changes in beneficial ownership for JoAnn A. Reed, a former director of American Tower Corp.
- Ms. Reed ceased to be a director effective May 14, 2025, as she did not stand for re-election at the company's 2025 Annual Meeting of Stockholders.
- The filing indicates Ms. Reed directly owns 62,940 shares of American Tower Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the holdings and transactions of company insiders. This filing reflects a change in director status and associated beneficial ownership.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | JoAnn A. Reed | N/A | 05/14/2025 | Did not stand for re-election |
Stakeholder Impact
- Shareholders are informed about changes in insider ownership.
- The company maintains compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | JoAnn A. Reed ceased to be a director of American Tower Corp. |
| 05/16/2025 | Date of the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, American Tower Corp, Director, AMT, Reed, Stock
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