Form 4: ATI Inc. Executive Chairman Robert Wetherbee Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Robert Wetherbee, Executive Chairman of ATI Inc., sold a total of 50,000 shares of common stock on May 6, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Robert Wetherbee, the Executive Chairman of ATI Inc., sold 50,000 shares of ATI common stock on May 6, 2025.
- The sales were executed under a 10b5-1 trading plan established on December 12, 2025, for personal tax and estate planning purposes.
- 23,584 shares were sold at a weighted average price of $67.76, with individual prices ranging from $67.13 to $68.12.
- An additional 26,416 shares were sold at a weighted average price of $68.56, with individual prices ranging from $68.13 to $68.56.
- Following the transactions, Wetherbee directly owns 506,538.3409 shares of ATI Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an executive. It is neutral in tone and doesn't inherently indicate positive or negative sentiment.
Industry Context
Sales by executives are a normal part of corporate governance. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on inside information.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 12/12/2025 | Date of 10b5-1 Trading Plan |
| 05/06/2025 | Date of stock sale transactions |
| 05/08/2025 | Date of Form 4 filing |
Keywords
ATI Inc, Robert Wetherbee, Executive Chairman, Stock Sale, Form 4, 10b5-1 Trading Plan, Insider Trading
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