Form 4: ATN International Director Patricia Jacobs Acquires Shares in Lieu of Retainer

Director Patricia Jacobs acquired 5,558 shares of ATN International common stock as part of her 2024 annual director retainer.

Summary

• Patricia Jacobs, a director of ATN International, Inc., acquired 5,558 shares of common stock on June 18, 2024.
• The shares were acquired at a price of $23.39 per share.
• This acquisition was made in lieu of her 2024 annual director retainer, as part of the Issuer's 2023 Equity Incentive Plan.
• Following the transaction, Ms. Jacobs beneficially owns 9,038 shares of ATN International, Inc.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard director compensation practice. The director taking shares instead of cash could be seen as a positive sign of confidence in the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Director share acquisitions are common and often tied to compensation plans, aligning director interests with shareholder value.

Related Party Transactions

• The grant of shares to Patricia Jacobs in lieu of her director retainer constitutes a related party transaction.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates