Form 4: ATI Inc. Director Leroy M. Ball, Jr. Reports Changes in Beneficial Ownership

Director Leroy M. Ball, Jr. reports acquisition and disposal of ATI Inc. common stock due to annual award and charitable donation.

Summary

• On May 21, 2024, Leroy M. Ball, Jr., a director of ATI Inc., reported changes in beneficial ownership of the company's common stock.
• Ball acquired 2,054 shares of common stock as an annual award under the Issuer's 2022 Incentive Plan, part of the Director compensation program, at a price of $0.00 per share.
• These shares vest on the first anniversary of the grant date.
• Ball also disposed of 480 shares of common stock through a donation to one or more charitable organizations, also at $0.00 per share.
• Following these transactions, Ball directly owns 32,712 shares of ATI Inc. common stock.

Sentiment

Score: 6

Explanation: The document reflects standard insider transactions, with no particularly positive or negative implications.

Positives

• The acquisition of shares reflects the company's commitment to compensating its directors through equity-based awards.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders, as they represent a small change in the director's holdings.

Key Dates