Form 4: Atmus Filtration Technologies Director Gretchen Haggerty Reports Acquisition of Restricted Share Units
SEC Form 4 Filing
Director Gretchen Haggerty reports acquisition of 3,886 Restricted Share Units (RSUs) in Atmus Filtration Technologies as part of annual director compensation.
Summary
- Gretchen Haggerty, a director of Atmus Filtration Technologies Inc., filed a Form 4 to report changes in beneficial ownership.
- On May 20, 2025, Haggerty acquired 3,886 shares of Common Stock in the form of Restricted Share Units (RSUs).
- These RSUs were granted as part of the 2025-2026 Annual Director Compensation.
- The RSUs will fully vest on May 20, 2026, or at the next Annual Meeting of Stockholders, whichever comes first.
- Following the transaction, Haggerty beneficially owns 23,767.803 shares of Atmus Filtration Technologies Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The filing reflects standard director compensation practices, which are generally viewed favorably as they align director interests with shareholder value. There are no indications of negative news or concerns.
Positives
- The acquisition of RSUs aligns the director's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the director.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.
Industry Context
This filing is a routine disclosure related to director compensation and is typical for publicly traded companies. It provides transparency regarding the alignment of director interests with shareholders through equity-based compensation.
Comparison to Industry Standards
- Director compensation packages often include a mix of cash and equity.
- Granting RSUs that vest over time is a common practice to incentivize long-term performance and retention.
- The specific amount of RSUs granted would need to be compared to peer companies in the filtration technology industry to assess its relative value.
Stakeholder Impact
- Shareholders: Provides transparency regarding director compensation and alignment of interests.
- Employees: No direct impact.
- Customers: No direct impact.
- Suppliers: No direct impact.
- Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of transaction: Acquisition of 3,886 Restricted Share Units. |
| 05/20/2026 | Vesting date for the Restricted Share Units, or the date of the next Annual Meeting of Stockholders, whichever comes first. |
| 05/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Director, Beneficial Ownership, Restricted Share Units, RSUs, Atmus Filtration Technologies, Haggerty, Director Compensation, Stock
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