AMT CEO granted 24,626 performance-based shares
American Tower Corp. reported that President and CEO Steven O. Vondran acquired 24,626 shares of Common Stock through a grant classified as a grant, award, or other acquisition.
Rhea-AI Filing Summary
American Tower Corp. reported that President and CEO Steven O. Vondran acquired 24,626 shares of Common Stock through a grant classified as a grant, award, or other acquisition. The shares reflect performance-based restricted stock units earned from a prior award and were recorded at a price of $0.0000 per share.
Following this transaction, Vondran directly holds 105,374 shares of Common Stock. According to the award terms, these performance-based restricted stock units will vest three years from the original grant date of March 10, 2023, with each unit representing a right to receive one share of Common Stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,626 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects the number of performance-based restricted stock units ("PSUs") earned, as a result of the Compensation and Human Capital Committee's certification to the achievement of performance based on a three-year performance period, under the terms of a PSU award granted on March 10, 2023. These shares will vest three years from the grant date of such PSU award, and each PSU represents a contingent right to receive one share of Common Stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AMT President and CEO Steven Vondran report?
When will Steven Vondran’s performance-based restricted stock units in AMT vest?
What triggered the earning of the PSUs reported in AMT’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.