Form 4: ATI Physical Therapy CEO Sharon Vitti Disposes of Shares to Cover Tax Obligations
SEC Form 4
CEO Sharon Vitti disposed of 10,026 shares of ATI Physical Therapy, Inc. to cover tax withholding obligations upon vesting of Restricted Stock Units.
Summary
- On March 22, 2025, Sharon Vitti, CEO of ATI Physical Therapy, Inc., disposed of 10,026 shares of Class A Common Stock.
- The shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The transaction price was $1.21 per share.
- Following the transaction, Vitti directly owns 85,916 shares of Class A Common Stock.
- Vitti also holds 37,946 unvested RSUs.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (disposal of shares for tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders.
Key Dates
| Date | Description |
|---|---|
| 03/22/2025 | Date of transaction: Disposal of 10,026 shares of Class A Common Stock. |
| 03/25/2025 | Date of signature for the Form 4 filing. |
Keywords
ATI Physical Therapy, Sharon Vitti, Form 4, Insider Trading, Stock Disposal, Tax Withholding, RSUs, ATIP
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