Form 4: Anterix Inc. Executive Ryan Gerbrandt Reports Stock Transaction
SEC Form 4 Filing
Ryan Gerbrandt, Chief Operating Officer of Anterix Inc., reports the disposal of 1,391 shares to cover withholding obligations related to vested restricted stock units.
Summary
- On May 17, 2024, Ryan Gerbrandt, the Chief Operating Officer of Anterix Inc., disposed of 1,391 shares of common stock.
- The transaction was executed to satisfy withholding obligations related to the vesting and settlement of restricted stock units.
- The shares were disposed of at a price of $33.52 per share.
- Following the transaction, Gerbrandt directly owns 49,570 shares of Anterix Inc. common stock.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to stock vesting and tax obligations, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of stock transaction |
| 05/21/2024 | Date of signature on the report |
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