Form 4: Atkore Inc. Executive John W. Pregenzer Reports Stock Transactions
SEC Form 4 Filing
Atkore Inc. executive John W. Pregenzer reported the acquisition of common stock and dividend equivalent units, as well as the holding of unvested restricted stock units.
Summary
- John W. Pregenzer, President of Electrical at Atkore Inc., filed a Form 4 disclosing changes in his beneficial ownership of the company's stock.
- The transactions include the acquisition of 11.8477 common stock units through dividend equivalent accrual.
- The report also indicates that Pregenzer holds 36,989.8477 common stock units, which includes unvested restricted stock units and accrued dividend equivalents.
- The transactions were reported on December 16, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, which is neither positive nor negative in itself.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the holdings of key personnel.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The reporting of dividend equivalent units and restricted stock units is typical for executive compensation packages in similar companies.
- The level of detail provided in the filing is consistent with SEC requirements for insider trading disclosures.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock holdings of a key executive.
- The information is relevant to investors tracking insider transactions.
Key Dates
| Date | Description |
|---|---|
| 12/16/2024 | Date of the reported stock transactions. |
| 12/17/2024 | Date the Form 4 was signed. |
Keywords
Atkore Inc., John W. Pregenzer, Form 4, Beneficial Ownership, Stock Transactions, Dividend Equivalent Units, Restricted Stock Units, Executive Compensation
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