Form 4: ATN International Director Bernard J. Bulkin Acquires Shares in Lieu of Retainer

Director Bernard J. Bulkin acquired 5,558 shares of ATN International, Inc. common stock at $23.39 per share as payment for his 2024 annual director retainer.

Summary

• On June 18, 2024, Bernard J. Bulkin, a director of ATN International, Inc., acquired 5,558 shares of common stock.
• The shares were acquired at a price of $23.39 per share.
• This acquisition was made as payment for Mr. Bulkin's 2024 annual director retainer, granted under the Issuer's 2023 Equity Incentive Plan.
• The price was based on the moving average price for the past twenty days of the Issuer's common stock as of June 14, 2024.
• Following the transaction, Mr. Bulkin directly owns 23,797 shares of ATN International, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares is generally a good sign, indicating confidence in the company's future. The transaction is part of a pre-existing compensation plan, so it's not unexpected.

Positives

• The acquisition reflects the director's continued investment in the company.
• The use of equity as compensation aligns the director's interests with those of shareholders.

Industry Context

Director share acquisitions are common, especially when tied to compensation. This type of transaction is often viewed positively as it aligns the interests of the director with those of the shareholders.

Stakeholder Impact

• Shareholders may view the director's share acquisition positively, as it aligns interests.
• The transaction has a minor impact on the company's equity structure.

Key Dates