Form 4: ATN International CFO Justin Benincasa Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
ATN International's CFO, Justin Benincasa, reports disposals of common stock to cover tax obligations arising from vesting restricted stock units.
Summary
- On March 7, 2024, Justin Benincasa, CFO of ATN International, Inc., disposed of 1,412 shares of common stock at a price of $32.2 per share to cover tax obligations.
- Following this transaction, Mr. Benincasa directly owns 68,255 shares of ATN International.
- On March 9, 2024, Mr. Benincasa disposed of an additional 1,037 shares of common stock at a price of $33.06 per share for the same reason.
- After the second transaction, Mr. Benincasa directly owns 67,218 shares of ATN International.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports routine stock disposals for tax purposes.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The stock disposals may have a minor impact on shareholders due to the slight dilution of shares.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Disposal of 1,412 shares of common stock at $32.2 per share. |
| 03/09/2024 | Disposal of 1,037 shares of common stock at $33.06 per share. |
| 03/11/2024 | Date of signature for the Form 4 filing. |
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