Form 4: Atmus Filtration Technologies Director Bennett Receives Stock Grant

Director Roy Edwin Bennett of Atmus Filtration Technologies received 4,565 shares of common stock and disposed of 12,815 shares on May 14, 2024, according to a Form 4 filing.

Summary

• Roy Edwin Bennett, a director of Atmus Filtration Technologies, filed a Form 4 with the SEC.
• On May 14, 2024, Bennett acquired 4,565 shares of common stock and disposed of 12,815 shares.
• The acquisition of 4,565 shares was related to Restricted Share Units (RSUs) granted as part of the 2024-2025 Annual Director Compensation.
• These RSUs will fully vest on May 14, 2025, or at the next Annual Meeting of Stockholders, whichever occurs first.
• Following these transactions, Bennett beneficially owns 12,815 shares of Atmus Filtration Technologies.
• The filing was signed by Tiffany B. Williams, Attorney-in-Fact for Edwin Bennett, on May 16, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director; it doesn't inherently convey positive or negative sentiment.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders.

Future Outlook

The RSUs will vest on May 14, 2025, or at the next Annual Meeting of Stockholders, whichever comes first.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates