Form 4: Anterix Inc. Executive Ryan Gerbrandt Reports Stock Transaction
SEC Form 4 Filing
Ryan Gerbrandt, Chief Operating Officer of Anterix Inc., reports the withholding of 1,479 common stock shares to cover tax obligations related to vesting restricted stock units on July 12, 2024.
Summary
- On July 12, 2024, Ryan Gerbrandt, the Chief Operating Officer of Anterix Inc., had 1,479 shares of common stock withheld by the issuer to satisfy withholding obligations related to the vesting and settlement of restricted stock units.
- The price per share for the transaction was $41.51.
- Following the transaction, Gerbrandt directly owns 48,091 shares of Anterix Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the COO's holdings, but it's a standard procedure related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 07/12/2024 | Date of stock transaction (withholding of shares). |
| 07/15/2024 | Date of signature on the Form 4 filing. |
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