ATKR.NYSEAtkore INC

Form 4: Atkore Inc. Executive Sells Shares in Recent Transaction

Sentiment:

SEC Form 4 Filing


Daniel S. Kelly, VP, General Counsel and Secretary of Atkore Inc., sold 13,071 shares of common stock at an average price of $95.7408 on November 26, 2024.

Summary

  • Daniel S. Kelly, a VP, General Counsel and Secretary at Atkore Inc., sold 13,071 shares of the company's common stock on November 26, 2024.
  • The sale was executed at a weighted average price of $95.7408 per share, with individual sales ranging from $95.28 to $96.2350.
  • Following the transaction, Kelly beneficially owns 27,527.6128 shares, which includes unvested restricted stock units and accrued dividend equivalent units.
  • The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider transaction, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider transaction, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
  • The transaction is similar to other executive stock sales reported by companies in the same sector.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding executive trading activity.

Key Dates

DateDescription
11/26/2024Date of the stock sale transaction.
11/27/2024Date the Form 4 was signed.

Keywords

Atkore Inc., insider trading, stock sale, Form 4, Daniel S. Kelly, executive transaction, securities, common stock

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