Form 4: ATI Physical Therapy Executive Erik Kantz Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Erik Kantz, Chief Legal Officer of ATI Physical Therapy, reports the disposal of 1,697 shares of Class A Common Stock to cover tax obligations upon vesting of restricted stock units and awards.
Summary
- On March 22, 2025, Erik Kantz, the Chief Legal Officer of ATI Physical Therapy, 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, Kantz directly owns 12,955 shares of Class A Common Stock.
- Kantz also holds 4,902 unvested RSUs and no unvested RSAs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a transaction related to tax obligations upon vesting of stock-based compensation, which is a common practice among company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/22/2025 | Date of stock disposal transaction |
| 03/25/2025 | Date of signature on the Form 4 |
Keywords
Form 4, ATI Physical Therapy, Erik Kantz, Stock Disposal, Tax Withholding, Class A Common Stock, Restricted Stock Units, RSUs, Restricted Stock Awards, RSAs
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.