Form 4: ATN International: Former CFO Justin Benincasa Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Former ATN International CFO, Justin Benincasa, reports the disposal of 1,239 common stock shares to cover tax obligations arising from vested restricted stock units.
Summary
- On March 25, 2024, Justin Benincasa, former CFO of ATN International, Inc., disposed of 1,239 shares of common stock.
- The disposal was executed to cover Mr. Benincasa's tax obligations related to the vesting of previously granted Restricted Stock Units.
- The shares were disposed of at a price of $30.21 per share.
- Following the transaction, Mr. Benincasa directly owns 68,135 shares of ATN International common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of transaction: Disposal of 1,239 shares of common stock. |
| 03/27/2024 | Date of signature on the Form 4 filing. |
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