Form 4: Anterix Inc. CEO Robert Schwartz Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Anterix Inc. CEO Robert Harris Schwartz disposed of 6,355 shares of common stock on August 23, 2024, to cover withholding obligations related to the vesting of restricted stock units.
Summary
- On August 23, 2024, Robert Harris Schwartz, the President and CEO of Anterix Inc., disposed of 6,355 shares of 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 $37.54 per share.
- Following the transaction, Schwartz directly owns 115,867 shares of Anterix Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Date of stock disposal transaction |
| 08/26/2024 | Date of signature on the Form 4 filing |
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