Form 4: ATI Physical Therapy Executive Erik Kantz Reports Tax-Related Stock Disposal

Sentiment:

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

DateDescription
03/22/2025Date of stock disposal transaction
03/25/2025Date 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

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