Form 4: Atkore VP Sells Shares for Tax Obligations
Insider Transaction Report
Atkore Inc.'s VP, General Counsel, and Secretary, Daniel S. Kelly, disposed of 394 shares of common stock to cover tax withholdings on vested restricted stock units.
Summary
- Daniel S. Kelly, VP, General Counsel, and Secretary of Atkore Inc. (ATKR), reported a transaction involving the company's common stock.
- On November 13, 2025, Kelly disposed of 394 shares of common stock.
- The disposition was made at a price of $64.83 per share.
- This transaction was identified as an 'F' code, indicating securities were withheld to pay withholding taxes on vested restricted stock units, which is exempt under Rule 16b-3.
- Following this transaction, Kelly beneficially owns 26,980.3425 shares of Atkore Inc. common stock.
- The reported beneficial ownership includes unvested restricted stock units (RSUs) and amounts accrued for dividend equivalent units on such RSUs.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares for tax withholding purposes related to vested restricted stock units, which is a common practice for executives and does not indicate a positive or negative sentiment towards the company's performance or future prospects.
Industry Context
This transaction is a routine insider filing common across all industries, reflecting an executive's management of vested equity compensation for tax obligations rather than a strategic investment decision or market outlook.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and represents a small fraction of the executive's total holdings.
Key Dates
| Date | Description |
|---|---|
| 11/13/2025 | Date of transaction where 394 shares were disposed of for tax withholding. |
| 11/17/2025 | Date the Form 4 was signed and filed. |
Keywords
Atkore, ATKR, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Restricted Stock Units, Tax Withholding
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