Form 4: Atmus Filtration CPO Renee Swan Reports Share Withholding

Sentiment:

Insider Transaction Report


Atmus Filtration Technologies Chief People Officer Renee Swan reported the withholding of shares for tax obligations related to vested equity awards.

Summary

  • Renee Swan, Chief People Officer of Atmus Filtration Technologies Inc. (ATMU), reported transactions involving the company's common stock.
  • On February 27, 2026, 9,570 shares of common stock were withheld to cover tax obligations upon the vesting of Performance Share Units (PSUs) earned during the 2023-2025 grant cycle.
  • An additional 2,254 shares of common stock were withheld on the same date for tax obligations related to the vesting of Restricted Share Units (RSUs) from the 2023-2025 grant cycle.
  • The price per share for these transactions was $64.53.
  • Following these transactions, Renee Swan beneficially owns 51,349 shares of common stock directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While shares were disposed of, it was for tax purposes related to the vesting of equity awards, which is a positive outcome for the executive and implies performance or tenure.

Positives

  • The transactions indicate the vesting of Performance Share Units and Restricted Share Units, suggesting the executive met performance criteria or time-based vesting conditions.
  • The executive continues to hold a significant number of shares (51,349), aligning her interests with shareholders.

Negatives

  • The transactions represent a reduction in the executive's direct shareholdings due to tax withholding, not a voluntary sale for profit.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as share withholdings for tax purposes upon equity award vesting, are common across all industries for executives receiving equity compensation. These transactions typically do not reflect a change in company fundamentals or strategic direction.

Stakeholder Impact

  • Shareholders: Minimal direct impact as this is a routine executive compensation event and not a discretionary sale. The executive's continued significant holdings align interests.
  • Employees: No direct impact on general employees.

Key Dates

DateDescription
02/27/2026Transaction date for shares withheld upon vesting of Performance Share Units and Restricted Share Units.
03/03/2026Signature date of the reporting person's attorney-in-fact.

Keywords

Atmus Filtration Technologies, ATMU, Renee Swan, Chief People Officer, Form 4, Insider Transaction, Share Withholding, Equity Awards, Performance Share Units, Restricted Share Units, Executive Compensation

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