Form 4: Atmus Filtration Technologies CEO Stephanie Disher Receives 40,021 Restricted Stock Units
SEC Form 4 Filing
Stephanie Disher, CEO of Atmus Filtration Technologies, was granted 40,021 restricted stock units (RSUs) on April 1, 2025, under the company's 2022 Omnibus Incentive Plan.
Summary
- Stephanie Disher, the Chief Executive Officer of Atmus Filtration Technologies Inc., received 40,021 restricted stock units (RSUs) on April 1, 2025.
- The RSUs were granted under the Atmus 2022 Omnibus Incentive Plan as part of the company's 2025 annual long-term incentive compensation program.
- These RSUs will cliff vest on March 1, 2028, meaning they will all vest at once on that date.
- Each vested RSU will be settled with one share of Atmus common stock.
- Following this transaction, Ms. Disher beneficially owns 270,468 shares of Atmus common stock.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive as it suggests a commitment to long-term value creation.
Positives
- The grant of RSUs aligns the CEO's interests with those of the shareholders by incentivizing long-term performance.
- The cliff vesting schedule on March 1, 2028, encourages long-term commitment from the CEO.
Future Outlook
The RSUs are part of a long-term incentive plan, suggesting a focus on sustained performance and value creation over the coming years.
Industry Context
Granting RSUs to executives is a common practice in publicly traded companies to align management's interests with those of shareholders and incentivize long-term growth.
Comparison to Industry Standards
- Executive compensation packages often include a mix of salary, bonus, and equity-based awards like RSUs.
- The vesting schedule of the RSUs is typical for long-term incentive plans, often spanning three to five years.
- Companies like Cummins, Parker-Hannifin, and Donaldson, which operate in similar industries, also utilize equity-based compensation to incentivize their executives.
Stakeholder Impact
- Shareholders: The RSU grant aligns management's interests with shareholder value creation.
- Employees: The long-term incentive plan may contribute to a culture of performance and commitment within the company.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Grant of 40,021 restricted stock units. |
| 03/01/2028 | Vesting date for the restricted stock units. |
| 04/03/2025 | Date of Form 4 filing. |
Keywords
Atmus Filtration Technologies, Stephanie Disher, Restricted Stock Units, RSUs, Incentive Plan, Beneficial Ownership, Form 4, Executive Compensation
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