Form 4: Anterix CFO Timothy Gray Sells Shares to Cover Tax Obligations
SEC Form 4
Anterix's Chief Financial Officer, Timothy Gray, disposed of 1,166 shares of common stock on May 17, 2024, to cover withholding obligations related to the vesting of restricted stock units.
Summary
- On May 17, 2024, Timothy Gray, the Chief Financial Officer of Anterix Inc., disposed of 1,166 shares of Anterix common stock.
- The transaction was executed to satisfy withholding obligations associated with the vesting and settlement of restricted stock units.
- The shares were sold at a price of $33.52 per share.
- Following the transaction, Gray directly owns 84,498 shares of Anterix common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations related to vested stock.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of transaction: Timothy Gray disposed of 1,166 shares of Anterix common stock. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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