Form 4: ATI Physical Therapy CFO Joseph Jordan Reports Tax Withholding Transaction

Sentiment:

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

DateDescription
03/07/2024Date of transaction where shares were withheld for tax obligations.
03/11/2024Date 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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