Form 4: Atmus Filtration Technologies Inc. Executive Charles Masters Reports Acquisition of Restricted Stock Units

Charles Masters, VP of Engine Products at Atmus Filtration Technologies Inc., reports the acquisition of 4,772 restricted stock units (RSUs) on April 1, 2024, as part of the company's long-term incentive compensation program.

Summary

• Charles Masters, a VP at Atmus Filtration Technologies Inc., filed a Form 4 with the SEC.
• The filing reports a transaction on April 1, 2024, where Masters acquired 4,772 shares of common stock in the form of restricted stock units (RSUs).
• These RSUs were granted under the Atmus 2022 Omnibus Incentive Plan as part of the 2024 annual long-term incentive compensation program.
• Each RSU will be settled with one share of Atmus common stock upon vesting.
• Following the reported transaction, Masters beneficially owns 26,878 shares of Atmus common stock.
• The price of the acquired stock was $0.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing related to executive compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The acquisition of RSUs indicates that the company is incentivizing its executives with equity, aligning their interests with those of shareholders.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to executive compensation and is common for publicly traded companies. It provides transparency into how executives are incentivized and their ownership stake in the company.

Stakeholder Impact

• The granting of RSUs to executives can align their interests with those of shareholders, potentially leading to better company performance.

Key Dates