STOCK TITAN

Anterix (ATEX) CEO exercises stock options and uses share withholding for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Insider Lang Scott A.
Role President and CEO
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 63,788 $0.00 --
Exercise Stock Option (Right to Buy) 74,530 $0.00 --
Exercise Common Stock 63,788 $30.99 $1.98M
Exercise Common Stock 74,530 $34.96 $2.61M
Tax Withholding Common Stock 39,621 $82.50 $3.27M
Tax Withholding Common Stock 48,470 $82.50 $4.00M
Holdings After Transaction: Stock Option (Right to Buy) — 127,538 shares (Direct, null); Common Stock — 90,258 shares (Direct, null)
Footnotes (1)
  1. The Reporting Person exercised a stock option to purchase 63,788 shares of the Issuer's Common Stock for $30.99 per share and paid the exercise price on a cashless basis, resulting in the Issuer withholding an aggregate of 39,621 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. The Reporting Person exercised a stock option to purchase 74,530 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 48,470 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. 3. The shares subject to the option shall vest and become exercisable in three annual installments with vesting commencing on January 17, 2025, subject to the Reporting Person's continuous services to the Issuer through each such vesting date. 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 21, 2026, and with the remaining option shares vesting and becoming exercisable in two equal annual installments thereafter.
Option exercise 1 63,788 shares at $30.99/share Stock option exercise into common stock on June 15, 2026
Option exercise 2 74,530 shares at $34.96/share Stock option exercise into common stock on June 15, 2026
Shares withheld 1 39,621 shares Withheld to pay $30.99 option exercise price and taxes
Shares withheld 2 48,470 shares Withheld to pay $34.96 option exercise price and taxes
Total option shares exercised 138,318 shares ExerciseShares in transactionSummary
Total shares withheld 88,091 shares TaxWithholdingShares in transactionSummary
cashless basis financial
"paid the exercise price on a cashless basis, resulting in the Issuer 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 63,788 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.
income tax withholding financial
"to pay the exercise price and to satisfy its income tax withholding and remittance obligations"
does not involve an open market sale financial
"The withholding of shares referenced here does not involve an open market sale of stock."
vest and become exercisable financial
"shares subject to the option shall vest and become exercisable in three annual installments"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lang Scott A.

(Last)(First)(Middle)
3 GARRET MOUNTAIN PLAZA
SUITE 401

(Street)
WOODLAND PARK NEW JERSEY 07424

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Anterix Inc. [ ATEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026M63,788A$30.9990,258D
Common Stock06/15/2026M74,530A$34.96164,788D
Common Stock06/15/2026F39,621(1)D$82.5125,167D
Common Stock06/15/2026F48,470(2)D$82.576,697D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$30.9906/15/2026M63,788 (3)01/17/2035Common Stock63,788$0127,538D
Stock Option (Right to Buy)$34.9606/15/2026M74,530 (4)05/21/2035Common Stock74,530$0149,016D
Explanation of Responses:
1. The Reporting Person exercised a stock option to purchase 63,788 shares of the Issuer's Common Stock for $30.99 per share and paid the exercise price on a cashless basis, resulting in the Issuer withholding an aggregate of 39,621 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.
2. The Reporting Person exercised a stock option to purchase 74,530 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 48,470 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.
3. 3. The shares subject to the option shall vest and become exercisable in three annual installments with vesting commencing on January 17, 2025, subject to the Reporting Person's continuous services to the Issuer through each such vesting date.
4. 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 21, 2026, and with the remaining option shares vesting and becoming exercisable in two equal annual installments thereafter.
Remarks:
/s/ Gena L. Ashe06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Anterix (ATEX) CEO Scott A. Lang report in this Form 4?

Scott A. Lang reported exercising stock options and settling related obligations in shares. He exercised options for 63,788 shares at $30.99 and 74,530 shares at $34.96, with a portion of shares withheld to cover exercise prices and taxes.

Were any of Scott A. Lang’s Anterix (ATEX) transactions open-market sales?

No, the filing states the share withholdings did not involve open-market sales. Shares were withheld by Anterix to pay the option exercise prices and satisfy income tax withholding and remittance obligations related to those exercises, rather than being sold on the public market.

How many Anterix (ATEX) shares were acquired through option exercises on June 15, 2026?

The Form 4 shows option exercises for 63,788 shares of common stock at $30.99 per share and 74,530 shares at $34.96 per share. These exercises converted stock options into common shares as part of Lang’s equity compensation.

How many Anterix (ATEX) shares were withheld for taxes and exercise costs?

The company withheld 39,621 shares tied to options at $30.99 and 48,470 shares tied to options at $34.96. According to the filing, these shares were used to pay exercise prices and income tax withholding obligations, not sold in the market.

What does code “F” mean in Scott A. Lang’s Anterix (ATEX) Form 4?

Transaction code “F” indicates a tax-withholding disposition or payment of the exercise price using shares. In this case, Anterix withheld shares from exercised options to cover both the option exercise cost and income tax obligations, without executing open-market stock sales.