Form 4: ATN International SVP Mary Mabey Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Mary Mabey, SVP and General Counsel of ATN International, reports the vesting of performance-based and restricted stock units, along with associated tax withholdings.
Summary
- On March 25, 2025, Mary Mabey, SVP and General Counsel of ATN International, had performance-based restricted stock units (PSUs) vest, resulting in the issuance of 4,977 shares of common stock.
- These PSUs vested based on the company's total shareholder return (TSR) relative to the Russell 2000 Index over a performance period ending on March 25, 2025.
- The number of shares issued was 63% of the target number of PSU shares previously reported.
- Additionally, 2,205 shares were withheld by the company to cover Ms. Mabey's tax obligations arising from the vesting of the PSUs.
- Another 875 shares were withheld for tax obligations related to the vesting of previously granted restricted stock units (RSUs).
- Following these transactions, Ms. Mabey beneficially owns 36,043 shares of ATN International common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing detailing routine stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The vesting of performance-based RSUs indicates that the company has met some pre-established performance goals related to TSR relative to the Russell 2000 Index.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Vesting of RSUs and PSUs is a common form of executive compensation.
Stakeholder Impact
- Shareholders may be interested in the vesting of performance-based RSUs as it reflects the company's performance against pre-defined goals.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of earliest transaction, vesting of performance-based RSU and stock withholding for taxes. |
| 03/27/2025 | Date of signature on the Form 4 filing. |
Keywords
ATN International, Mary Mabey, Form 4, RSU, PSU, Stock vesting, Beneficial ownership, TSR, Russell 2000, Tax withholding
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