American Tower director receives 1,209-share RSU grant
American Tower director Kelly C. Chambliss reported receiving a grant of 1,209 shares of Common Stock in the form of restricted stock units.
Rhea-AI Filing Summary
American Tower director Kelly C. Chambliss reported receiving a grant of 1,209 shares of Common Stock in the form of restricted stock units. The award was made at no cash cost to Chambliss and is classified as a grant or award rather than a market purchase.
The RSUs were granted under the 2007 Equity Incentive Plan and are scheduled to vest on March 10, 2027. Each RSU converts into one share of Common Stock upon vesting. After this grant, Chambliss holds a total of 4,426 shares directly.
Positive
- None.
Negative
- None.
Insights
Routine equity grant to a director with future vesting, not a market trade.
The transaction shows director Kelly C. Chambliss receiving 1,209 restricted stock units of American Tower under the company’s 2007 Equity Incentive Plan. The transaction code A confirms it is a grant or award, with a stated price of $0.0000 per share, indicating compensation rather than an open-market purchase.
The RSUs vest on March 10, 2027, so Chambliss’ ability to receive the underlying shares depends on remaining in compliance with the plan’s terms until that date. Following the grant, total direct holdings are 4,426 shares, which frames this as a modest, routine board-level equity award.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,209 | $0.00 | $0.00 |
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.
FAQ
What did AMERICAN TOWER CORP (AMT) director Kelly C. Chambliss report on this Form 4?
Is the AMT Form 4 transaction by Kelly C. Chambliss a stock purchase or sale?
When do Kelly C. Chambliss’s AMT restricted stock units from this filing vest?
Under which plan were Kelly C. Chambliss’s AMT restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.