Anterix Inc SEC Filings

Anterix Inc. is asking stockholders to vote at its virtual 2026 annual meeting on August 4, 2026. The agenda includes electing seven directors, approving executive pay on an advisory basis, increasing shares available under the 2023 Stock Plan, choosing how often to hold future say-on-pay votes (the Board recommends one year), and ratifying Deloitte & Touche as auditor for the year ending March 31, 2027.

The proxy highlights a board where 5 of 7 nominees are independent, the Chair and CEO roles are separated, and all key committees are fully independent. In fiscal 2026, Anterix advanced its 900 MHz private broadband strategy, executing spectrum sale agreements of $13 million with CPS Energy, $3.2 million with Texas-New Mexico Power, and $7.7 million with NorthWestern Energy, and reports $127 million of contracted customer proceeds and zero debt.

Executive pay is built around base salary, an annual performance-based cash bonus, and long-term equity. For fiscal 2026, the CEO’s base salary was $564,075, with bonus targets tied mainly to customer proceeds, free cash flow, regulatory milestones, and individual performance. Company performance produced a payout of 42% of target for most named executives, while the Chief Regulatory and Communications Officer received 100% of target reflecting his role in securing a key FCC Report and Order. The company emphasizes strong governance features such as stock ownership guidelines, an updated clawback policy, anti-hedging and anti-pledging rules, and active ESG and human capital oversight.

Anterix Inc. describes a major evolution of its business model for the year ended March 31, 2026, shifting from predominantly long-term spectrum leasing to a broader mix of acquiring, clearing, selling and leasing 900 MHz spectrum while layering on new products and services. The company highlights new spectrum sale agreements with CPS Energy, Texas-New Mexico Power and NorthWestern Energy, plus a post-year-end deal with Benton PUD, alongside existing long-term leases with utilities such as Ameren, Evergy, Xcel Energy and TECO. Anterix reports receiving $127.0 million of contracted proceeds from customers with $50 million still outstanding, a $34.8 million gain on sale of intangible assets, and a $105.4 million gain from exchanging narrowband for broadband licenses in 219 counties. The Federal Communications Commission’s unanimous 2026 Report and Order expanded the 900 MHz broadband segment from 6 MHz to 10 MHz, enhancing the potential value of Anterix’s spectrum position. The company also launched its TowerX tower-access service and CatalyX connectivity management solution, repurchased 43,175 shares for $1.0 million, and ended the period with 19,498,473 common shares outstanding.

Anterix Inc. director and President & CEO Scott A. Lang reported an open-market sale of company stock. On June 18, 2026, he sold 170 shares of Anterix common stock at an average price of $80.25 per share. After this transaction, he directly holds 76,527 shares of common stock, so the sale reflects only a small portion of his reported direct position.

Anterix Inc.’s Chief Financial Officer Elena Marquez reported an open‑market sale and an option exercise involving the company’s common stock. On June 17, 2026, she sold 4,291 shares at $79.50 per share and exercised stock options for 1,226 shares at $40.00 per share. Following these transactions, she directly holds 18,387 shares of common stock and 2,454 stock options. The option grant referenced in the filing vests in three equal annual installments beginning on October 4, 2025.

Anterix Inc. Chief Regulatory & Communications Officer Christopher Guttman-McCabe reported a combination of option exercises and share sales in Anterix common stock. On June 15, 2026, he exercised stock options to acquire a total of 122,852 common shares at strike prices between $25.75 and $49.39 per share.

On the same date, he executed open-market sales totaling 91,437 common shares at weighted average prices ranging from about $81.32 to $84.29 per share, across multiple price ranges noted in the footnotes. Following these transactions, one reported entry shows he directly owned 77,807 common shares. The filing also states that the option shares involved in these exercises were fully vested.

Anterix Inc. Chief Legal Officer & Corporate Secretary Gena L. Ashe exercised stock options and sold common stock in a series of transactions dated June 15, 2026. She exercised options covering 29,368 shares of common stock at strike prices of $34.96 and $49.39 per share.

To pay the exercise prices and related taxes on a cashless basis, the issuer withheld a total of 15,657 shares at $82.50 per share, which the filing clarifies did not involve open‑market sales. Ashe also completed open‑market sales totaling 17,711 shares at weighted average prices of about $81.04 and $82.14 per share. One reported sale left her with 9,531 shares held directly.

Anterix Inc. President and CEO Scott A. Lang exercised stock options and settled related obligations in shares. On June 15, 2026, he exercised options to acquire 63,788 shares at $30.99 per share and 74,530 shares at $34.96 per share. The company withheld 39,621 and 48,470 shares, respectively, to pay the exercise prices and cover income tax withholding, which the filing states did not involve any open market sales.

Anterix Inc. director Mark Fleischhauer reported an open-market sale of 3,500 shares of Common Stock on June 15, 2026 at an average price of $79.8294 per share. Following this transaction, he directly holds 12,769 Anterix common shares.

Anterix Inc. director Mahvash Yazdi reported selling 7,000 shares of Common Stock at $80.00 per share in an open-market transaction. After this sale, she directly holds 19,407 shares. She also indirectly holds 750 shares through a 401(k) and 250 shares through the Yazdi Family Trust, where she serves as trustee and disclaims beneficial ownership beyond her pecuniary interest.