Form 4: ATN International Executive Chairman Michael Prior Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michael Prior, Executive Chairman of ATN International, reports a transaction involving the withholding of shares for tax obligations and a correction to the number of shares beneficially owned.
Summary
- On March 25, 2024, ATN International Executive Chairman Michael Prior had shares withheld by the company to cover tax obligations arising from the vesting of restricted stock units.
- A total of 2,431 shares were withheld at a price of $30.21 per share.
- Following the transaction, Mr. Prior directly owns 513,026 shares of ATN International.
- The report also includes a correction to the number of shares beneficially owned.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction (shares withheld for taxes) and a correction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency into the transactions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of transaction where shares were withheld for tax obligations. |
| 03/27/2024 | Date of signature for the Form 4 filing. |
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