Form 4: Atkore Inc. CEO William Waltz Jr. Transfers Shares to Trust
SEC Form 4 Filing
Atkore Inc.'s CEO, William Waltz Jr., reported transferring 11,250 shares of the company's common stock to a trust on February 20, 2025.
Summary
- On February 20, 2025, William E. Waltz Jr., the President and CEO of Atkore Inc., transferred 11,250 shares of Atkore's common stock to a trust.
- The transaction was classified as a gift.
- Following the transaction, Waltz directly owns 103,564.1572 shares, which includes unvested restricted stock units and accrued dividend equivalent units.
- Additionally, 23,836 shares are held indirectly by a trust for which Waltz's spouse is the beneficiary.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock transfer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The stock transfer itself has minimal direct impact on stakeholders.
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock transfer to a trust |
| 02/21/2025 | Date of Form 4 filing |
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