ATI Inc. (NYSE: ATI) CFO details stock and performance unit awards
Rhea-AI Filing Summary
ATI Inc. executive James Robert Foster, who serves as SVP, Finance and CFO, reported his beneficial ownership of company securities as of January 1, 2026. He directly holds 29,622 shares of ATI common stock, including restricted stock units granted in 2023, 2024, and 2025 that vest in three annual installments and are settled in shares when they vest.
Foster also holds performance stock units (PSUs) that may convert into ATI common shares if market price conditions are met. One PSU award covers 30,769 shares tied to stock price performance measured against a 20-trading-day average through December 31, 2025, with any vested shares generally payable in early 2026 and 2027. A second PSU award covers 17,094 shares based on longer-term price targets measured through December 31, 2029, with any vested shares generally payable in early 2030 and 2031.
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FAQ
Who is the reporting person in ATI (ATI) Form 3 and what is their role?
The reporting person is James Robert Foster, who serves as SVP, Finance and CFO of ATI Inc.. The filing lists his beneficial ownership of ATI common stock and performance stock units as of January 1, 2026.
How many ATI (ATI) common shares does James Robert Foster beneficially own?
James Robert Foster beneficially owns 29,622 shares of ATI common stock directly. This amount includes restricted stock units awarded in 2023, 2024, and 2025 that vest in three annual installments and are settled in shares upon vesting.
What performance stock units does the ATI (ATI) CFO hold that are tied to 2025 market-price targets?
Foster holds 30,769 performance stock units that each represent a contingent right to receive one share of ATI common stock if specified target market prices, based on a 20-trading day average, are achieved on the NYSE before December 31, 2025. Each PSU can result in up to three shares depending on how far the stock price exceeds the target, with any vested shares generally payable in two equal installments in early 2026 and 2027.
What long-term performance stock units through 2029 are reported for ATI (ATI) CFO James Robert Foster?
Foster also holds 17,094 performance stock units that are tied to ATI’s stock achieving specified target market prices, based on a 10-trading day average and at least 20 consecutive trading days, before December 31, 2029. Each unit can result in up to three shares of common stock depending on price levels achieved, with any vested shares generally payable in two equal installments in early 2030 and 2031.
Are the performance stock units held by ATI (ATI) CFO James Robert Foster cash-settled or share-settled?
The filing states that each performance stock unit represents a contingent right to receive shares of ATI common stock. For both PSU awards, any vested units are described as being payable in shares of common stock in two equal installments following the applicable performance period.
Do the restricted stock units reported by ATI (ATI) CFO have time-based vesting?
Yes. The filing explains that the restricted stock units granted in 2023, 2024, and 2025 each vest in three annual installments and are settled in shares of ATI common stock as they vest.