Form 4: Anterix Chief Legal Officer Disposes of Shares for Tax Obligations Following RSU Vesting

Anterix Inc.'s Chief Legal Officer and Corporate Secretary, Gena L. Ashe, reported the disposition of 2,732 shares of common stock to satisfy tax withholding obligations related to the partial vesting of restricted stock units.

Summary

• Gena L. Ashe, the Chief Legal Officer and Corporate Secretary of Anterix Inc. (ATEX), reported a transaction on May 22, 2025.
• The transaction involved the disposition of 2,732 shares of Anterix Common Stock at a price of $28.35 per share.
• This disposition was classified as a 'payment of tax liability by withholding securities' (Transaction Code 'F').
• The shares were withheld by Anterix Inc. to fulfill tax withholding obligations associated with the partial vesting and settlement of restricted stock units.
• Following this transaction, Gena L. Ashe's direct beneficial ownership of Anterix Common Stock stands at 19,930 shares.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares upon RSU vesting, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

This Form 4 filing pertains to a routine insider transaction for tax purposes and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

The disposition of shares by an executive to cover tax obligations upon the vesting of restricted stock units is a standard and routine event in corporate compensation structures across all industries. It does not reflect a discretionary sale or provide specific insights into broader industry trends.

Related Party Transactions

• The transaction involves the withholding of shares by the Issuer (Anterix Inc.) to satisfy tax obligations of an executive, which is a common related-party transaction in the context of equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in management's confidence or a significant shift in ownership structure.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

Anterix, ATEX, Form 4, Insider Transaction, Beneficial Ownership, Restricted Stock Units, RSU Vesting, Tax Withholding, Gena L. Ashe, Corporate Secretary, Chief Legal Officer