Form 4: ATN International Executive Justin M. Leon Reports Stock Transaction
SEC Form 4 Filing
Justin M. Leon, SVP of Corporate Development at ATN International, Inc., reports the disposal of 262 shares of common stock to cover tax obligations arising from vested restricted stock units.
Summary
- On March 11, 2024, Justin M. Leon, SVP of Corporate Development at ATN International, Inc. (ATNI), disposed of 262 shares of common stock.
- The transaction was executed to cover Mr. Leon's tax obligations related to the vesting of previously granted Restricted Stock Units.
- The shares were disposed of at a price of $32.99 per share.
- Following the transaction, Mr. Leon directly owns 13,736 shares of ATN International, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal transaction. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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