Anterix CLO exercises options, sells shares
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.
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Ashe Gena L
Role
Chief Legal Officer & Corp Sec
Sold
17,711 shs ($1.44M)
Approx. gross sale proceeds
$1.44M
Approx. exercise cost
$1.29M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 11,000 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 18,368 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,000 | $34.96 | $385K |
| Exercise | Common Stock | 18,368 | $49.39 | $907K |
| Exercise Price or Tax Liability | Common Stock | 4,661 | $82.50 | $385K |
| Exercise Price or Tax Liability | Common Stock | 10,996 | $82.50 | $907K |
| Sale | Common Stock | 13,375 | $81.0385 | $1.08M |
| Sale | Common Stock | 4,336 | $82.14 | $356K |
Holdings After Transaction:
Stock Option (Right to Buy) — 42,491 contracts (Direct);
Common Stock — 9,531 shares (Direct)
Footnotes (5)
- F1. The Reporting Person exercised a stock option to purchase 11,000 shares of the Issuer's Common Stock for $34.96 per share and paid the exercise price on a cashless basis, resulting in the Issuer withholding an aggregate of 4,661 shares of the Issuer's Common Stock subject to the stock option to pay the exercise price and to satisfy its income tax withholding and remittance obligations in connection with the exercise of the stock option. The withholding of shares referenced here does not involve an open market sale of stock.
- F2. The Reporting Person exercised a stock option to purchase 18,368 shares of the Issuer's Common Stock for $49.39 per share and paid the exercise price on a cashless basis, resulting in the Issuer withholding an aggregate of 10,996 shares of the Issuer's Common Stock subject to the stock option to pay the exercise price and to satisfy its income tax withholding and remittance obligations in connection with the exercise of the stock option. The withholding of shares referenced here does not involve an open market sale of stock.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.00 to $81.64, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F4. The option shares subject to this option shall vest and become exercisable in three equal annual installments, with 1/3 of the option shares vesting and becoming exercisable on May 20, 2026, and with the remaining option shares vesting and becoming exercisable in two equal annual installments thereafter.
- F5. The option shares are fully vested.
Key Figures
Open-market sale 1: 4,336 shares at $82.14
Open-market sale 2: 13,375 shares at $81.0385
Total shares sold: 17,711 shares
+5 more
8 metrics
Open-market sale 1
4,336 shares at $82.14
Common stock sale on June 15, 2026
Open-market sale 2
13,375 shares at $81.0385
Common stock sale on June 15, 2026
Total shares sold
17,711 shares
Net open-market sales in this Form 4
Options exercised
29,368 shares
Derivative exercises of common stock options
Strike price 1
$34.96 per share
Stock option exercise price for 11,000 shares
Strike price 2
$49.39 per share
Stock option exercise price for 18,368 shares
Tax-withheld shares
15,657 shares at $82.50
Shares withheld to cover exercise price and taxes
Direct holdings after one sale
9,531 shares
Common shares held directly after a reported sale
Key Terms
open-market sale, tax-withholding disposition, cashless basis, stock option, +1 more
5 terms
open-market sale financial
"transaction_action shows an open-market sale of common stock shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action is labeled as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
cashless basis financial
"paid the exercise price on a cashless basis, resulting in withholding"
An agreement executed on a cashless basis lets a holder convert or exercise a security (like options, warrants, or conversion rights) without paying money upfront; instead the holder receives a smaller number of shares equal in value to what the cash would have purchased. Think of trading a coupon for fewer slices of a cake rather than handing over cash for the full slice. For investors, it affects how much ownership and dilution occur and avoids immediate cash outlays.
stock option financial
"The Reporting Person exercised a stock option to purchase shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Anterix (ATEX) executive Gena Ashe do in this Form 4 filing?
Gena L. Ashe, Anterix’s Chief Legal Officer & Corporate Secretary, exercised stock options for common shares and reported related share dispositions, including tax-withholding transfers to the company and open‑market sales of Anterix common stock on June 15, 2026.
How many Anterix (ATEX) stock options did Gena Ashe exercise?
Gena Ashe exercised stock options covering a total of 29,368 Anterix common shares. This consisted of 11,000 shares at a $34.96 strike price and 18,368 shares at a $49.39 strike price, as disclosed in the transaction and footnote descriptions.
What Anterix (ATEX) holdings remain for Gena Ashe after these transactions?
One reported open‑market sale left Gena Ashe with 9,531 Anterix common shares held directly. The filing’s line‑item totals show this post‑transaction balance for that sale; it does not aggregate additional ownership beyond the positions explicitly reported.
At what prices were Gena Ashe’s Anterix (ATEX) transactions executed?
The filing reports option exercises at strike prices of $34.96 and $49.39 per share. Open‑market sales occurred at weighted average prices around $81.04 and $82.14 per share, while 15,657 shares were withheld by Anterix at $82.50 per share for cashless exercise and taxes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
