4/A: Anterix Inc. Executive Scott A. Lang Amends Stock Option Filing

An amended SEC Form 4 filing reveals a correction to the expiration date of stock options granted to Anterix Inc.'s President and CEO, Scott A. Lang.

Summary

• This is an amended SEC Form 4 filing related to stock options granted to Scott A. Lang, President and CEO of Anterix Inc.
• The original filing had an incorrect expiration date for the stock options.
• The amended filing corrects the expiration date of the options to January 17, 2035.
• The stock options, which are for 191,326 shares, vest in three annual installments starting January 17, 2025.
• The exercise price of the options is $30.99 per share.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating no significant positive or negative sentiment. The correction is a procedural matter and does not reflect on the company's performance or outlook.

Industry Context

This filing is a routine disclosure of executive compensation in the form of stock options, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• Stock option grants are a standard form of compensation for executives in publicly traded companies.
• The vesting schedule of three annual installments is also a common practice.
• The exercise price of $30.99 would be compared to the current market price of the stock to determine the value of the options.

Stakeholder Impact

• The correction of the stock option expiration date has a minor impact on shareholders as it clarifies the terms of executive compensation.

Key Dates

Keywords

stock options, SEC Form 4, executive compensation, Anterix Inc., Scott A. Lang, vesting, equity