Anterix (NASDAQ: ATEX) CLO uses 1,028 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Anterix Inc. Chief Legal Officer and Corporate Secretary Gena L. Ashe reported a routine tax-withholding transaction involving company stock. On May 18, 2026, 1,028 shares of Anterix common stock were withheld by the company at $57.06 per share to satisfy withholding obligations tied to the partial vesting and settlement of restricted stock units.
Following this non-market disposition, Ashe directly holds 12,338 shares of Anterix common stock. Because the shares were withheld for taxes rather than sold on the open market, the filing reflects a compensation-related event rather than an active investment decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ashe Gena L
Role
Chief Legal Officer & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,028 | $57.06 | $59K |
Holdings After Transaction:
Common Stock — 12,338 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,028 shares
Withholding price per share: $57.06 per share
Shares held after transaction: 12,338 shares
3 metrics
Shares withheld for taxes
1,028 shares
Withheld on May 18, 2026 to satisfy tax obligations
Withholding price per share
$57.06 per share
Value used for tax-withholding disposition on May 18, 2026
Shares held after transaction
12,338 shares
Direct Anterix common stock holdings following tax withholding
Key Terms
restricted stock units, withholding obligations, tax-withholding disposition
3 terms
restricted stock units financial
"in connection with the partial vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding obligations financial
"The shares were withheld by the Issuer to satisfy withholding obligations"
tax-withholding disposition financial
"transaction_action": "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.
FAQ
What did Anterix (ATEX) insider Gena L. Ashe report in this Form 4?
Gena L. Ashe reported a tax-related disposition of Anterix shares. The company withheld 1,028 common shares to cover tax obligations from the vesting and settlement of restricted stock units, a standard compensation and payroll event rather than a discretionary stock market trade.
What does transaction code "F" mean in this Anterix (ATEX) Form 4?
Transaction code “F” indicates a tax-withholding disposition. In this case, Anterix withheld 1,028 shares from Gena L. Ashe to satisfy tax obligations arising from the vesting and settlement of restricted stock units, rather than her selling shares in the open market.