ATI (NYSE: ATI) director receives 905-share annual stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hess David P reported acquisition or exercise transactions in this Form 4 filing.
ATI Inc director David P. Hess received an annual equity grant of 905 shares of common stock as a restricted stock award. The grant was made under ATI’s 2022 Incentive Plan as part of the director compensation program and carries a grant price of $0.00 per share.
The award vests on the first anniversary of the grant date. Following this grant, Hess directly holds a total of 34,945 ATI common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hess David P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.10 per share | 905 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.10 per share — 34,945 shares (Direct, null)
Footnotes (1)
- Annual award of restricted stock granted under the Issuer's 2022 Incentive Plan as part of the Issuer's Director compensation program. The award vests on the first anniversary of the grant date. Annual award granted under the Issuer's 2022 Incentive Plan as part of the Issuer's Director compensation program.
Key Figures
Restricted stock grant: 905 shares
Grant price: $0.00 per share
Shares held after grant: 34,945 shares
3 metrics
Restricted stock grant
905 shares
Annual director award on grant date
Grant price
$0.00 per share
Restricted stock award transaction price
Shares held after grant
34,945 shares
Total ATI common stock directly owned by Hess after transaction
Key Terms
restricted stock, 2022 Incentive Plan, Director compensation program
3 terms
restricted stock financial
"Annual award of restricted stock granted under the Issuer's 2022 Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2022 Incentive Plan financial
"granted under the Issuer's 2022 Incentive Plan as part of the Issuer's Director compensation program"
A 2022 incentive plan is a formal program adopted in 2022 that outlines how a company will reward employees, executives, or directors with cash, stock, or other benefits tied to performance or continued service. Investors care because these plans can change how much ownership exists (dilution), affect reported profits through compensation costs, and influence whether managers are motivated to increase long‑term value—think of it as the rules for a company’s bonus and stock‑award system.
Director compensation program financial
"as part of the Issuer's Director compensation program"
FAQ
What insider transaction did ATI (ATI) disclose for David P. Hess?
ATI reported that director David P. Hess received a grant of 905 shares of common stock. This was an annual restricted stock award under the company’s 2022 Incentive Plan, provided as part of its director compensation program.
Under which plan was the ATI (ATI) stock award to David P. Hess granted?
The stock award was granted under ATI’s 2022 Incentive Plan. This plan governs the company’s equity-based compensation, including the annual restricted stock awards granted to directors as part of their overall compensation program.