Anterix (ATEX) awards RSUs and stock options to chief legal officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Anterix Inc. reported that Chief Legal Officer & Corporate Secretary Gena L. Ashe received equity awards as compensation. She was granted 3,694 restricted stock units, increasing her direct common stock holdings to 16,032 shares. She also received options for 17,453 shares at an exercise price of $60.90 per share, expiring on May 20, 2036. Both the RSUs and options vest over three years, with one-third vesting on May 20, 2027 and the remainder vesting in equal quarterly installments through May 20, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ashe Gena L
Role
Chief Legal Officer & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,453 | $0.00 | -- |
| Grant/Award | Common Stock | 3,694 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 17,453 shares (Direct, null);
Common Stock — 16,032 shares (Direct, null)
Footnotes (1)
- Represents the issuance of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Common Stock. The RSUs vest over three years, with 1/3 vesting on May 20, 2027, and 1/12 vesting quarterly thereafter on August 10, November 10, February 10, and May 20 of each year through May 20, 2029. The option shares vest and become exercisable over three years, with 1/3 vesting on May 20, 2027, and 1/12 vesting quarterly thereafter on August 10, November 10, February 10, and May 20 of each year through May 20, 2029.
Key Figures
RSUs granted: 3,694 RSUs
Options granted: 17,453 options
Option exercise price: $60.90 per share
+2 more
5 metrics
RSUs granted
3,694 RSUs
Restricted stock units granted to Gena L. Ashe on May 20, 2026
Options granted
17,453 options
Stock Option (Right to Buy) granted on May 20, 2026
Option exercise price
$60.90 per share
Conversion or exercise price for newly granted options
Option expiration
May 20, 2036
Expiration date of stock options
Shares held after grant
16,032 shares
Total Anterix common shares directly held by Ashe after RSU grant
Key Terms
restricted stock units ("RSUs"), Stock Option (Right to Buy), vest, exercise price, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents the issuance of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with 17,453.0000 shares and a $60.9000 exercise price"
vest financial
"The RSUs vest over three years, with 1/3 vesting on May 20, 2027, and 1/12 vesting quarterly thereafter"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"conversion_or_exercise_price of 60.9000 for the stock option award"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
contingent right financial
"Each RSU represents a contingent right to receive one share of Issuer's Common Stock"