Form 4: ATI Physical Therapy Executive Erik Kantz Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Chief Legal Officer Erik Kantz of ATI Physical Therapy, Inc. reports the withholding of 11 Class A Common Stock shares to cover tax obligations upon vesting of restricted stock units and awards.
Summary
- On June 16, 2024, Erik Kantz, Chief Legal Officer of ATI Physical Therapy, Inc., had 11 shares of Class A Common Stock withheld by the issuer to satisfy tax obligations.
- This transaction occurred at a price of $4.192 per share.
- Following the transaction, Kantz beneficially owns 14,735 shares of Class A Common Stock.
- The report also mentions that Kantz holds 10,043 unvested Restricted Stock Units (RSUs) and no unvested Restricted Stock Awards (RSAs).
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/16/2024 | Date of the transaction where shares were withheld for tax obligations. |
| 06/18/2024 | Date of the report filing. |
Keywords
Form 4, ATI Physical Therapy, Erik Kantz, Stock Withholding, Tax Obligations, Class A Common Stock, Restricted Stock Units, RSUs, Restricted Stock Awards, RSAs
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