Form 4: ATI Physical Therapy CFO Joseph Jordan Reports Tax Withholding Transaction
SEC Form 4 Filing
Joseph Jordan, CFO of ATI Physical Therapy, reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units and awards.
Summary
- On March 7, 2024, Joseph Jordan, the Chief Financial Officer of ATI Physical Therapy, Inc., had 504 shares of Class A Common Stock withheld by the issuer to satisfy tax withholding obligations upon the vesting of his Restricted Stock Units (RSUs) and Restricted Stock Awards (RSAs).
- Following the transaction, Jordan directly owns 50,808 shares of Class A Common Stock.
- As of the report, Jordan holds 45,562 unvested RSUs and 449 unvested RSAs.
Sentiment
Score: 5
Explanation: This is a neutral report on a standard transaction related to tax obligations on vested equity. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction where shares were withheld for tax obligations. |
| 03/11/2024 | Date of report filing. |
Keywords
Form 4, ATI Physical Therapy, Joseph Jordan, CFO, Tax Withholding, Restricted Stock Units, RSUs, Restricted Stock Awards, RSAs, Beneficial Ownership, ATIP
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