Form 4: ATI Physical Therapy Interim CFO Scott Rundell Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Interim CFO Scott Rundell reports disposition of shares to cover tax obligations upon vesting of Restricted Stock Units.
Summary
- On March 22, 2025, Scott Rundell, Interim CFO of ATI Physical Therapy, Inc., disposed of 707 shares of Class A Common Stock to satisfy tax withholding obligations.
- The shares were withheld by the issuer at a price of $1.21 per share.
- Following the transaction, Rundell beneficially owns 4,995 shares.
- Rundell also holds 1,961 unvested Restricted Stock Units (RSUs) which vest annually.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine tax-related transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding the company's stock.
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 transaction: Disposal of shares for tax withholding. |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, ATI Physical Therapy, Scott Rundell, Insider Trading, Stock Disposal, Tax Withholding, Restricted Stock Units, ATIP
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.