ATKR.NYSEAtkore INC

Form 4: Atkore Inc. Chief Accounting Officer Reports Acquisition and Disposal of Common Stock

Sentiment:

SEC Form 4


James William Alvey, Chief Accounting Officer of Atkore Inc., reports acquiring 2,115 shares of common stock and disposing of 3,674.92 shares on August 12, 2024.

Summary

  • On August 12, 2024, James William Alvey, the Chief Accounting Officer of Atkore Inc., engaged in transactions involving the company's common stock.
  • Alvey acquired 2,115 shares of common stock.
  • Simultaneously, Alvey disposed of 3,674.92 shares of common stock.
  • Following these transactions, Alvey beneficially owns 3,674 shares of Atkore Inc. common stock.
  • Alvey also holds restricted stock units (RSUs) which vest on the one year anniversary of August 12, 2024, subject to continued employment and will settle into common stock no later than March 15th of the calendar year immediately following the calendar year in which vesting occurs.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The restricted stock units (RSUs) will vest on the one year anniversary of August 12, 2024, subject to continued employment and will settle into common stock no later than March 15th of the calendar year immediately following the calendar year in which vesting occurs.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.

Stakeholder Impact

  • The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
08/12/2024Date of stock acquisition and disposal transactions.
08/12/2024Vesting date for restricted stock units (RSUs), one year anniversary.
08/19/2024Date of signature by Attorney-in-Fact.

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