American Tower (NYSE: AMT) SVP sells 5,000 shares at $178.89
Rhea-AI Filing Summary
American Tower Corp. executive Robert Joseph Meyer, SVP & Advisor to the CFO, reported a sale of 5,000 shares of Common Stock on 29 July 2026 at $178.89 per share in an open-market or private transaction. Following the sale, he directly holds 21,428 shares, which include 142 shares acquired through the company’s employee stock purchase plan in May 2026. The transaction was not reported as executed under a Rule 10b5‑1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
Meyer Robert Joseph
Role
SVP & Advisor to the CFO
Sold
5,000 shs ($894K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 5,000 | $178.89 | $894K |
Holdings After Transaction:
Common Stock — 21,428 shares (Direct)
Footnotes (1)
- F1. Includes 142 shares acquired under the issuer's employee stock purchase plan in May 2026.
Key Figures
Shares sold: 5,000 shares
Sale price per share: $178.89
Shares held after sale: 21,428 shares
+1 more
4 metrics
Shares sold
5,000 shares
Common Stock sale reported on 29 July 2026
Sale price per share
$178.89
Price per share for 5,000 Common Stock shares sold
Shares held after sale
21,428 shares
Direct Common Stock holdings following the transaction
ESPP shares included
142 shares
Shares acquired under employee stock purchase plan in May 2026
Key Terms
employee stock purchase plan, open market or private transaction, direct ownership
3 terms
employee stock purchase plan financial
"Includes 142 shares acquired under the issuer's employee stock purchase plan in May 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
direct ownership financial
"ownership_type is classified as direct for the reported holdings"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did American Tower (AMT) executive Robert Joseph Meyer report?
Robert Joseph Meyer reported selling 5,000 shares of American Tower (AMT) Common Stock. The sale occurred on 29 July 2026 at a reported price of $178.89 per share in an open-market or private transaction.
Was the American Tower (AMT) insider sale made under a Rule 10b5-1 trading plan?
The filing indicates the sale was not under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox was left unchecked, so the transaction was not reported as executed pursuant to a pre-arranged trading plan.
What role does the reporting person hold at American Tower (AMT)?
The reporting person, Robert Joseph Meyer, serves as SVP & Advisor to the CFO at American Tower (AMT). His position classifies him as an officer, and his holdings and transactions are therefore reportable on Form 4.