Form 4: Atmus Filtration Technologies Inc.: Chief People Officer Renee Swan Reports Stock Disposal for Tax Obligations
SEC Form 4
Renee Swan, Chief People Officer of Atmus Filtration Technologies Inc., disposed of 3,536 shares of common stock on August 14, 2024, to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On August 14, 2024, Renee Swan, the Chief People Officer of Atmus Filtration Technologies Inc., reported a transaction involving the disposal of 3,536 shares of common stock.
- The shares were disposed of at a price of $32.78 per share.
- This transaction was executed to cover the reporting person's tax withholding obligation upon the vesting of a portion of a Restricted Stock Unit Award granted on August 14, 2023.
- Following the transaction, Renee Swan beneficially owns 46,842 shares of Atmus Filtration Technologies Inc.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations upon vesting of stock awards.
Key Dates
| Date | Description |
|---|---|
| 08/14/2023 | Date of Restricted Stock Unit Award |
| 08/14/2024 | Date of stock disposal transaction |
| 08/16/2024 | Date of Form 4 filing |
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