Form 4: ATI Physical Therapy Executive Augustus Oakes Reports Tax Withholding Transaction
SEC Form 4 Filing
Augustus Oakes, Chief Information Officer 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, Augustus Oakes, the Chief Information Officer of ATI Physical Therapy, Inc., had 166 shares of Class A Common Stock withheld by the issuer to satisfy tax withholding obligations.
- The price per share was $6.78.
- Following the transaction, Oakes beneficially owns 17,995 shares of Class A Common Stock.
- Oakes also holds 15,428 unvested Restricted Stock Units (RSUs) and 235 unvested Restricted Stock Awards (RSAs).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation and tax obligations, indicating a neutral sentiment.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction where shares were withheld for tax obligations. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, ATI Physical Therapy, Augustus Oakes, Tax Withholding, Restricted Stock Units, RSUs, Shares, ATIP
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