Form 4: American Tower Corp: Former Director Samme L. Thompson Reports Final Beneficial Ownership
SEC Filing
Samme L. Thompson, a former director of American Tower Corp, filed a Form 4 to report his beneficial ownership following his departure from the board on May 22, 2024.
Summary
- Samme L. Thompson, a former director of American Tower Corp, filed a Form 4 with the SEC.
- The filing reports changes in his beneficial ownership of the company's securities.
- Thompson ceased to be a director effective May 22, 2024, as he did not stand for re-election at the company's 2024 Annual Meeting of Stockholders.
- The filing indicates Thompson directly owns 24,260 shares of American Tower Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a director's departure, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice when insiders, such as directors and officers, have transactions involving the company's securities, providing transparency to the market.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Samme L. Thompson | 05/22/2024 | Did not stand for re-election at the issuer's 2024 Annual Meeting of Stockholders. |
Stakeholder Impact
- Shareholders are informed about changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of earliest transaction and effective date of Thompson's departure as director. |
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