Form 4: ATI Physical Therapy Executive Augustus Oakes Reports Tax-Related Stock Disposal

Augustus Oakes, Chief Information Officer of ATI Physical Therapy, Inc., reports the disposal of 1,697 shares of Class A Common Stock to cover tax obligations upon vesting of restricted stock units.

Summary

• On March 22, 2025, Augustus Oakes, the Chief Information Officer of ATI Physical Therapy, Inc., disposed of 1,697 shares of Class A Common Stock.
• The transaction was executed to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs) and Restricted Stock Awards (RSAs).
• The price per share was $1.21.
• Following the transaction, Oakes directly owns 14,623 shares of Class A Common Stock.
• Oakes also holds 4,902 unvested RSUs and no unvested RSAs.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It is a regular part of corporate governance and transparency.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive to cover tax obligations.

Key Dates

Keywords

Form 4, ATI Physical Therapy, Augustus Oakes, insider trading, stock disposal, tax withholding, RSU, RSA, ATIP, Chief Information Officer