Form 4: Atmus Filtration Technologies Inc.: Officer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Toni Hickey, Chief Legal Officer of Atmus Filtration Technologies Inc., reports transactions involving common stock, including acquisition of performance shares and disposal for tax purposes.
Summary
- On March 1, 2024, Toni Hickey, Chief Legal Officer of Atmus Filtration Technologies Inc., acquired 512 shares of common stock upon vesting of performance shares.
- On the same day, Hickey disposed of 152 shares at $23.96 and 643 shares at $23.96 for tax purposes.
- Following these transactions, Hickey beneficially owns 20,952 shares of Atmus Filtration Technologies Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations. There is no indication of unusual or concerning activity.
Positives
- The vesting of performance shares indicates that performance targets were met, which is a positive signal.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices and tax management strategies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock acquisition and disposal transactions |
| 03/05/2024 | Date of signature for the Form 4 filing |
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