American Tower (AMT) director receives 1,209 RSUs in equity award
Rhea-AI Filing Summary
Tanner Bruce L reported acquisition or exercise transactions in this Form 4 filing.
American Tower director Bruce L. Tanner received a stock-based award. He was granted 1,209 restricted stock units (RSUs), each representing one share of common stock, at no cash purchase price. After this award, he directly holds 6,940 shares of common stock.
The RSUs were granted under the 2007 Equity Incentive Plan, as amended, and are scheduled to vest on March 10, 2027. This is a compensation-related equity grant rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,209 shares
Net Buy
1 txn
Insider
Tanner Bruce L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,209 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 6,940 shares (Direct)
Footnotes (1)
- F1. These restricted stock units ("RSUs") were granted pursuant to the 2007 Equity Incentive Plan, as amended, and vest on March 10, 2027. Each RSU represents a contingent right to receive one share of Common Stock.
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FAQ
What did American Tower (AMT) director Bruce L. Tanner report on this Form 4?
Bruce L. Tanner reported receiving a stock-based compensation award. He was granted 1,209 restricted stock units, each convertible into one share of American Tower common stock, increasing his direct holdings to 6,940 shares after the transaction.
When do Bruce L. Tanner’s newly granted American Tower (AMT) RSUs vest?
The restricted stock units granted to Bruce L. Tanner vest on March 10, 2027. Vesting means the RSUs convert into actual shares of common stock, assuming the award’s conditions under the 2007 Equity Incentive Plan are satisfied.
Under which plan were Bruce L. Tanner’s American Tower (AMT) RSUs granted?
The restricted stock units were granted under American Tower’s 2007 Equity Incentive Plan, as amended. This plan authorizes equity-based compensation awards such as RSUs to directors and other eligible participants, aligning their interests with long-term shareholder value.