4/A: ATI Physical Therapy COO Christopher Cox Amends Form 4 Filing to Correct Clerical Error

Sentiment:

SEC Form 4/A


Christopher Cox, COO of ATI Physical Therapy, filed an amendment to his Form 4 to correct a clerical error in the reported amounts of shares withheld by the issuer to satisfy tax obligations upon vesting of Restricted Stock Units.

Summary

  • Christopher Cox, the Chief Operating Officer of ATI Physical Therapy, filed an amended Form 4 with the SEC on March 27, 2024.
  • This amendment corrects a clerical error in the original filing from March 26, 2024.
  • The amendment relates to a transaction that occurred on March 22, 2024, where 5,755 shares of Class A Common Stock were withheld by the issuer to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs).
  • Following the transaction, Cox beneficially owns 53,069 shares of Class A Common Stock.
  • Cox also holds 39,216 unvested RSUs.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing (Form 4 amendment) to correct a clerical error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The sentiment is neutral to slightly positive as it shows management is ensuring accurate reporting.

Industry Context

Form 4 filings are standard practice and are required by the SEC for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

  • The correction of the clerical error ensures accurate information is available to shareholders.

Key Dates

DateDescription
03/22/2024Date of the transaction (shares withheld for tax obligations).
03/26/2024Date of original Form 4 filing (containing the clerical error).
03/27/2024Date of the amended Form 4 filing.

Keywords

Form 4, Amendment, Christopher Cox, ATI Physical Therapy, Class A Common Stock, Restricted Stock Units, RSUs, Tax Withholding, Beneficial Ownership, Insider Trading

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