Form 4: ATN International Executive Leon Justin M. Reports Stock Transactions

SVP of Corporate Development at ATN International, Justin M. Leon, reports the vesting and subsequent sale of shares to cover tax obligations.

Summary

• On March 25, 2025, Justin M. Leon, SVP of Corporate Development at ATN International, Inc., reported transactions involving ATN International's common stock.
• These transactions included the vesting of 3,591 performance-based restricted stock units (PSUs) and the subsequent withholding of 1,093 and 418 shares by the company to cover tax obligations.
• The vesting of PSUs was based on the achievement of pre-established relative total shareholder return (TSR) goals compared to the Russell 2000 Index.
• The aggregate number of shares issued was 63% of the target number of PSU shares previously reported.
• The price per share for the tax withholding was $20.91.
• Following these transactions, Mr. Leon directly owns 23,880 shares of ATN International common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted stock units and subsequent tax withholding, which is a normal part of executive compensation.

Key Dates

Keywords

ATN International, Stock Transactions, Form 4, Insider Trading, Justin M. Leon, Performance Stock Units, Tax Withholding, Russell 2000 Index, TSR