[144] Atkore Inc. SEC Filing
Rhea-AI Filing Summary
Atkore Inc. (ATKR) Form 144 notice: An insider plans to sell 1,000 shares of common stock, acquired as performance stock units on 11/01/2019. The shares are held at Morgan Stanley Smith Barney and the aggregate market value at filing is $59,190. The filing reports approximately 33,655,743 shares outstanding and an anticipated sale date of 08/15/2025 on the NYSE. No sales by this person were reported in the prior three months. The filer certifies no undisclosed material information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale disclosed; immaterial to capitalization and unlikely to affect market.
The filing shows a planned sale of 1,000 shares, representing roughly 0.003% of outstanding shares (1,000/33,655,743). The shares were acquired as performance stock units in 2019 and are being sold through a broker on the NYSE. Because the size is de minimis relative to the company's float and there are no prior sales in the last three months, this disclosure appears routine and not indicative of a material change in insider exposure or corporate outlook.
TL;DR: Proper Rule 144 mechanics followed; filing includes required acquisition and certification details.
The notice provides the necessary Rule 144 information: acquisition date and nature (performance stock units), broker details, intended sale date, and a representation that no undisclosed material information is known. The absence of aggregated recent sales simplifies compliance review. From a governance perspective, the filing meets disclosure norms for an insider liquidity event of modest size.