ATI Inc (NYSE: ATI) awards 6,837 PSUs tied to stock price goals
Rhea-AI Filing Summary
ATI Inc. reported an equity award for Senior VP and CDIO Timothy J. Harris. On 12/05/2025, he received 6,837 Performance Stock Units (PSUs) under ATI’s 2022 Incentive Plan.
Each PSU is a contingent 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, for at least 20 consecutive trading days on the NYSE before December 31, 2029. Depending on higher Average Market Prices achieved before that date, each PSU can convert into 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, aligning the executive’s compensation with ATI’s stock performance over a multi‑year period.
Positive
- None.
Negative
- None.
FAQ
What equity award did ATI (ATI) grant to Timothy J. Harris?
ATI granted Senior VP and CDIO Timothy J. Harris an award of 6,837 Performance Stock Units (PSUs) on 12/05/2025 under the company’s 2022 Incentive Plan.
How do the ATI (ATI) Performance Stock Units for Timothy J. Harris vest?
Each PSU represents a contingent right to receive one share of ATI common stock if the stock hits a specified target market price, based on a 10‑trading‑day average, for at least 20 consecutive trading days before December 31, 2029.
Can the ATI (ATI) PSUs deliver more than one share per unit?
Yes. Each PSU may result in the right to receive additional shares of ATI common stock, up to a maximum of three shares per PSU, if higher Average Market Price levels are achieved before December 31, 2029.
When will vested ATI (ATI) Performance Stock Units be paid?
Any vested shares from the PSUs are generally payable in two equal installments in early 2030 and 2031, providing a longer-term performance horizon.
Under which plan were the ATI (ATI) Performance Stock Units granted?
The 6,837 PSUs awarded to Timothy J. Harris were granted under ATI’s 2022 Incentive Plan, which governs this type of long-term equity compensation.