Form 4: Atmus Filtration Technologies CFO Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Jack Kienzler, CFO of Atmus Filtration Technologies, reports disposing of shares to cover tax obligations upon vesting of Performance Share Units and Restricted Share Units.
Summary
- On March 3, 2025, Jack Kienzler, the Chief Financial Officer of Atmus Filtration Technologies Inc., disposed of 456 shares of common stock at a price of $39.8.
- This disposal was due to the withholding of shares upon the vesting of Performance Share Units earned during the 2022-2024 stub cycle to cover the reporting person's tax withholding obligation.
- Additionally, Kienzler disposed of 383 shares of common stock at the same price of $39.8.
- This disposal was related to shares withheld upon the vesting of the 2022 Restricted Share Units to cover the reporting person's tax withholding obligation.
- Following these transactions, Kienzler beneficially owns 48,017 shares of Atmus Filtration Technologies Inc.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes. It doesn't inherently indicate positive or negative sentiment, but rather reflects standard compensation practices.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals for tax obligations are common when equity compensation vests.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on stakeholders as they are related to tax obligations and represent a small portion of the CFO's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock disposal transactions. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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