Form 4: ATI Inc. Executive Jimmy Williams Jr. Reports Stock Transaction

SVP and CTO of ATI Inc., Jimmy Williams Jr., reports the withholding of 1,480 shares for tax obligations related to vested restricted stock units.

Summary

• Jimmy Williams Jr., SVP and CTO of ATI Inc., filed a Form 4 disclosing a transaction involving the company's common stock.
• The transaction occurred on January 3, 2025, and involved the withholding of 1,480 shares of common stock.
• These shares were withheld to cover tax obligations related to restricted stock units that vested on the same date.
• The price per share used for the transaction was $55.81, which is the average of the high and low trading prices on January 3, 2025.
• Following the transaction, Mr. Williams directly owns 11,620 shares of ATI Inc. common stock.

Sentiment

Score: 7

Explanation: The document is a routine filing related to executive compensation and does not indicate any positive or negative sentiment. It is a neutral event.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It does not indicate any unusual activity or trend.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as required by the SEC.
• The transaction is typical of how companies handle tax obligations related to vesting of restricted stock units for executives.
• The price used for the transaction is based on the market price of the stock on the day of the transaction, which is standard practice.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax withholding event.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, insider trading, stock transaction, restricted stock units, tax withholding, ATI Inc, Jimmy Williams Jr, executive compensation