Form 4: ATI VP Chief Accounting Officer Receives RSU Award

ATI Inc.'s VP Chief Accounting Officer, Michael Benjamin Miller, reported the acquisition of 854 common shares from a restricted stock unit award and the disposition of 374 shares for tax withholding.

Summary

• Michael Benjamin Miller, VP Chief Accounting Officer of ATI Inc., reported changes in his beneficial ownership of common stock.
• He acquired 854 shares of common stock on January 5, 2026, as part of a restricted stock unit (RSU) award.
• These RSUs were awarded under the Issuer's 2022 Incentive Plan and vest in three equal annual installments.
• Concurrently, 374 shares were disposed of on January 5, 2026, to cover tax obligations related to the vesting of RSUs awarded in 2024 and 2025.
• The price per share for the disposed shares was $121.08, representing the average of the high and low trading prices on the New York Stock Exchange on that date.
• Following these transactions, Michael Benjamin Miller beneficially owns 8,052 shares of ATI Inc. common stock.

Sentiment

Score: 6

Explanation: The filing reflects a routine executive compensation event. The increase in direct beneficial ownership for the VP Chief Accounting Officer is a slight positive for shareholder alignment, while the tax-related disposition is a standard, neutral event.

Positives

• The acquisition of 854 shares increases the reporting person's direct ownership in ATI Inc., aligning management interests with shareholders.
• The RSU award is part of the company's 2022 Incentive Plan, indicating ongoing executive compensation and retention strategies.

Negatives

• 374 shares were disposed of to satisfy tax withholding obligations, which is a standard practice for RSU vesting and not indicative of a negative outlook.

Future Outlook

The restricted stock unit award vests in three equal annual installments on each of the first three anniversaries of the grant date, indicating future share distributions to the executive.

Industry Context

This Form 4 filing details a routine insider transaction involving executive compensation through restricted stock units. Such transactions are common across publicly traded companies as a means to incentivize and retain key management personnel, aligning their financial interests with long-term company performance.

Related Party Transactions

• The transaction involves an equity award to a company officer, which is a form of related party transaction under executive compensation.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with shareholder value due to increased direct equity ownership.
• Employees (Executive): Receipt of equity compensation as part of an incentive plan.

Next Steps

• Future vesting of the remaining restricted stock units on the subsequent anniversaries of the grant date.

Key Dates

Keywords

ATI Inc., ATI, Form 4, Insider Transaction, Restricted Stock Units, RSU, Equity Award, Executive Compensation, Beneficial Ownership