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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit | 6,837 | $0.00 | -- |
Footnotes (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. Awarded under the Issuer's 2022 Incentive Plan.
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.
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.