Form 4: ATI Physical Therapy Executive Granted Stock Options

Scott Gregerson, Chief Growth Officer of ATI Physical Therapy, received stock options exercisable at various prices, according to a recent SEC filing.

Summary

• Scott Gregerson, the Chief Growth Officer of ATI Physical Therapy, was granted stock options on August 20, 2024.
• The options are for Class A Common Stock and have exercise prices of $10, $12.5, $25, and $50.
• He received 56,976 options at exercise prices of $10, $12.5 and $25.
• He received 113,951 options at an exercise price of $50.
• One-third of the options vest on April 1, 2025, April 1, 2026, and April 1, 2027, contingent upon continued service.
• The options expire on August 20, 2034.

Sentiment

Score: 6

Explanation: The document is a routine SEC filing related to executive compensation. It's neutral in tone and doesn't contain information that would significantly impact investor sentiment positively or negatively.

Positives

• The granting of stock options to a key executive like the Chief Growth Officer can be seen as an incentive to drive company growth and performance.
• The vesting schedule encourages long-term commitment from the executive.

Industry Context

Stock options are a common form of executive compensation in publicly traded companies, particularly in growth-oriented sectors, to align management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the stock option grant as a positive incentive for the Chief Growth Officer to improve company performance.
• Employees may see this as a sign of investment in leadership.

Key Dates

Keywords

stock options, ATI Physical Therapy, executive compensation, Chief Growth Officer, SEC Form 4, ATIP, equity