Owl Creek updates Anterix (ATEX) stake after share count increase
Rhea-AI Filing Summary
Owl Creek Asset Management and Jeffrey A. Altman updated their ownership reporting in Anterix Inc. following an increase in shares outstanding. Owl Creek reports beneficial ownership of 5,411,776 shares, or 27.7% of Anterix common stock. Altman reports beneficial ownership of 5,551,684 shares, or 28.5% of the class.
The filing states that these ownership percentages declined solely because Anterix’s outstanding shares rose to 19,506,240, including 7,767 shares underlying unvested restricted stock awards. Altman holds 15,416 vested and unvested restricted stock awards and 124,492 shares directly, with no common stock transactions by the reporting persons in the past 60 days.
Positive
- None.
Negative
- None.
Insights
Beneficial ownership unchanged; lower percentage reflects dilution, not selling.
Owl Creek Asset Management and Jeffrey A. Altman report essentially steady Anterix exposure, with Owl Creek at 5,411,776 shares and Altman at 5,551,684 shares beneficially owned. The amendment mainly refreshes disclosure rather than signaling a new investment move.
The document explains that their ownership percentages fell because Anterix’s outstanding share count increased to 19,506,240, not due to share sales. It also confirms no common stock transactions by the reporting persons during the past sixty days, reinforcing that this is a percentage adjustment driven by dilution.
Altman’s position includes 15,416 vested and unvested restricted stock awards received for board service and 124,492 shares held directly. Subsequent filings may further update these figures if Anterix’s capital structure or the holders’ positions change.