Form 4: Atkore Inc. COO John Pregenzer Reports Acquisition and Disposal of Common Stock

COO John Pregenzer reports acquisition of 7,367 shares of Atkore Inc. common stock and disposal of 44,356.8477 shares.

Summary

• John W. Pregenzer, COO & President, Electrical of Atkore Inc., filed a Form 4 on February 4, 2025.
• The report details changes in beneficial ownership of Atkore Inc. common stock.
• On February 1, 2025, Pregenzer acquired 7,367 shares of common stock.
• Also on February 1, 2025, Pregenzer disposed of 44,356.8477 shares of common stock.
• Following the reported transactions, Pregenzer beneficially owns 44,356.8477 shares of common stock, which includes unvested restricted stock units and accrued dividend equivalent units.
• The acquired shares represent restricted stock units (RSUs) that vest ratably in three installments on each anniversary of February 1, 2025, subject to continued employment.
• The RSUs 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: The sentiment is neutral as it is a standard SEC filing reporting stock transactions. There is no indication of positive or negative sentiment.

Future Outlook

The reported RSUs vest ratably in three installments on each anniversary of February 1, 2025, subject to continued employment, and settle into common stock of the Issuer 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 executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and aligns with regulatory requirements.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
• Employees holding similar RSUs may be interested in the vesting schedule and settlement terms.

Key Dates

Keywords

Form 4, beneficial ownership, Atkore Inc., ATKR, John Pregenzer, common stock, restricted stock units, RSUs, dividend equivalent units