Form 4: ATI Physical Therapy Executive Erik Kantz Reports Stock Transaction
SEC Form 4 Filing
Erik Kantz, Chief Legal Officer of ATI Physical Therapy, reports the disposition of 12 shares of Class A Common Stock to cover tax obligations upon vesting of restricted stock units and awards.
Summary
- On March 16, 2024, Erik Kantz, the Chief Legal Officer of ATI Physical Therapy, Inc., disposed of 12 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs) and restricted stock awards (RSAs).
- The price per share was $6.41.
- Following the transaction, Kantz directly owns 16,245 shares of Class A Common Stock.
- Kantz also holds 14,945 unvested RSUs and 53 unvested RSAs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/16/2024 | Date of stock transaction (disposal of shares). |
| 03/18/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, ATI Physical Therapy, Erik Kantz, Stock Transaction, Class A Common Stock, Restricted Stock Units, Restricted Stock Awards, Tax Withholding
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