Form 4: Atmus Filtration Technologies CEO Stephanie Disher Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stephanie Disher, CEO of Atmus Filtration Technologies, reports the disposal of shares to cover tax obligations upon vesting of performance share units and restricted share units.
Summary
- Stephanie Disher, the CEO of Atmus Filtration Technologies Inc. (ATMU), filed a Form 4 on March 5, 2025, reporting changes in beneficial ownership.
- On March 3, 2025, Disher disposed of 2,715 shares of common stock at a price of $39.8 per share to cover tax withholding obligations related to the vesting of Performance Share Units earned during the 2022-2024 stub cycle.
- Additionally, Disher disposed of 2,463 shares of common stock at $39.8 per share to cover tax withholding obligations related to the vesting of 2022 Restricted Share Units.
- Following these transactions, Disher beneficially owns 230,447 shares of Atmus Filtration Technologies Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested equity, so it's neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously awarded equity compensation and the subsequent sale of shares to cover associated tax liabilities, which is a common practice.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor, temporary impact on the stock price, but it's primarily driven by tax obligations and not a change in the CEO's long-term outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of the transactions involving the disposal of shares. |
| 03/05/2025 | Date of filing the Form 4. |
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