ATKR.NYSEAtkore INC

Form 4: Atkore Inc. Executive John W. Pregenzer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Atkore Inc. President, Electrical, John W. Pregenzer, reports the exercise of stock options and sale of common stock on March 4, 2024.

Summary

  • On March 4, 2024, John W. Pregenzer, President, Electrical at Atkore Inc., reported transactions involving Atkore Inc. common stock.
  • Pregenzer exercised stock options to acquire 2,503 shares at $105.94 and 1,541 shares at $101.66.
  • He then sold 4,044 shares at a weighted average price of $174.4223, with prices ranging from $174.40 to $174.5050 per share.
  • Following these transactions, Pregenzer directly owns 30,430 shares of Atkore Inc. common stock, 1,252 stock options with an exercise price of $105.94, and 3,083 stock options with an exercise price of $101.66.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
  • The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates

DateDescription
03/04/2024Date of earliest transaction, exercise of stock options, and sale of common stock.
11/16/2031Expiration date for 1,252 stock options with an exercise price of $105.94.
11/11/2032Expiration date for 3,083 stock options with an exercise price of $101.66.

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