ATI Inc (NYSE: ATI) awards 6,837 performance stock units to SVP and GC

Rhea-AI Filing Summary

ATI Inc. reported a new equity award to senior executive Vaishali S. Bhatia, its SVP, General Counsel and Chief Compliance Officer. On 12/05/2025, she received 6,837 Performance Stock Units (PSUs) under ATI's 2022 Incentive Plan.

Each PSU represents a right to receive one share of ATI common stock if the stock reaches a specified target market price, based on a 10‑trading‑day average on the NYSE, for at least 20 consecutive trading days before December 31, 2029. Depending on higher share price levels achieved before that date, each PSU can deliver up to a maximum of three shares. Any shares that vest are generally scheduled to be paid in two equal installments in early 2030 and 2031.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bhatia Vaishali S.

(Last) (First) (Middle)

C/O ATI INC.

2021 MCKINNEY AVENUE, SUITE 1100

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ATI INC [ ATI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel and CCO

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Unit	(1)	12/05/2025		A		6,837		12/31/2029(1)	12/31/2029(1)	Common Stock, par value $0.10 per share	6,837	(2)	6,837	D

Explanation of Responses:

1. Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock if the Issuer's Common Stock achieves a specified target market price (based on a 10-trading day average) on the NYSE for at least 20 consecutive trading days (the "Average Market Price") prior to December 31, 2029. Each PSU may result in the right to receive additional shares of the Issuer's Common Stock, up to a maximum of three shares per PSU, to the extent that the Issuer's Common Stock acheives Average Market Prices at specified levels in excess of the target market price prior to December 31, 2029. Vested shares, if any, generally are apyable in two equal installments in early 2030 and 2031.

2. Awarded under the Issuer's 2022 Incentive Plan.

	/s/ Amanda J. Skov, Attorney-in-Fact for Vaishali S. Bhatia	12/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did ATI (ATI) report in this Form 4?

ATI reported that senior executive Vaishali S. Bhatia, SVP, General Counsel and CCO, received 6,837 Performance Stock Units (PSUs) on 12/05/2025 under the company’s 2022 Incentive Plan.

How many ATI Inc (ATI) performance stock units were granted and what do they represent?

ATI granted 6,837 PSUs, each representing a contingent right to receive one share of ATI common stock if specified market price targets are reached before December 31, 2029.

Can the ATI (ATI) performance stock units deliver more than one share each?

Yes. Depending on ATI’s stock price performance before December 31, 2029, each PSU may deliver up to three shares of ATI common stock if higher Average Market Price levels are met.

When will shares from the ATI (ATI) performance stock units be paid if they vest?

Vested shares from the PSUs, if any, are generally scheduled to be payable in two equal installments in early 2030 and 2031.

Under which plan were the ATI Inc (ATI) PSUs awarded?

The 6,837 PSUs were awarded under ATI Inc.’s 2022 Incentive Plan.

What price conditions must ATI (ATI) meet for the PSUs to vest?

ATI’s common stock must reach a specified Average Market Price, defined as a 10‑trading‑day average on the NYSE maintained for at least 20 consecutive trading days before December 31, 2029.