Form 4: ATN International Executive Justin M. Leon Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Justin M. Leon, SVP at ATN International, reports disposing of shares to cover tax obligations arising from vesting restricted stock units.
Summary
- On March 7, 2024, Justin M. Leon, SVP of Corporate Development at ATN International, disposed of 659 shares of common stock at a price of $32.2.
- On March 9, 2024, Mr. Leon disposed of 387 shares of common stock at a price of $33.06.
- These transactions were to cover Mr. Leon's tax obligations from the vesting of previously granted Restricted Stock Units.
- Following these transactions, Mr. Leon directly owns 13,998 shares of ATN International.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the executive is selling shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Disposal of 659 shares of common stock at $32.2 per share. |
| 03/09/2024 | Disposal of 387 shares of common stock at $33.06 per share. |
| 03/11/2024 | Date of signature for the Form 4 filing. |
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