Atkore (NYSE: ATKR) director adds 106 shares via RSU dividends
Rhea-AI Filing Summary
Atkore Inc. director Scott H. Muse reported an automatic acquisition of 106.8932 shares of common stock on account of dividend equivalent units tied to unvested or deferred restricted stock units (RSUs). These dividend equivalents accumulate the value of dividends on RSUs until they vest or are settled.
After this grant, Muse directly holds a total of 32,629.1289 shares of common stock, which includes his unvested or deferred RSUs and the dividend equivalent units accrued on them. This filing reflects routine equity compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insights
Routine RSU-related dividend equivalents added to director’s holdings.
Director Scott H. Muse received 106.8932 additional common shares as dividend equivalent units on unvested or deferred RSUs. Dividend equivalents mirror cash dividends that would have been paid on underlying RSUs and are a standard feature of many equity plans.
Following this non-cash grant, Muse’s direct holdings total 32,629.1289 shares, including RSUs and accumulated dividend equivalents. There are no derivative exercises, open-market trades, or sales reported, so the filing mainly updates his compensation-related equity position without signaling any change in investment sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 106.8932 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents dividend equivalent units accrued on unvested or deferred restricted stock units ("RSUs").
- F2. Includes unvested or deferred restricted stock units ("RSUs") and amounts accrued for dividend equivalent units on such RSUs.
Key Figures
Key Terms
dividend equivalent units financial
restricted stock units ("RSUs") financial
Grant, award, or other acquisition financial
AI-generated analysis. How Rhea-AI works. Not financial advice.