[Form 4] Atkore Inc. Insider Trading Activity
Rhea-AI Filing Summary
James W. Alvey, Chief Accounting Officer of Atkore Inc. (ATKR), reported a transaction on 08/12/2025 showing a disposition under Code F of 746 shares of Atkore common stock at a price of $56.93 per share. The filing explains those shares were withheld to pay taxes on vested restricted stock units (RSUs). After the withholding, Mr. Alvey beneficially owns 4,217.8079 shares, which include unvested RSUs and accrued dividend-equivalent units. The Form 4 was signed by an attorney-in-fact on 08/14/2025. The filing contains only this non-derivative disposition and notes the withholding was exempt under Rule 16b-3.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sold 746 shares via tax-withholding on vested RSUs; ownership remains modest at 4,217.8079 shares.
This Form 4 records a routine tax-related disposition rather than an open-market sale for cash proceeds. The transaction code F and the explanation indicate shares were withheld to satisfy withholding taxes on vested RSUs, which is common for employee equity compensation. The reported per-share price of $56.93 provides a reference for the withholding valuation on 08/12/2025. For valuation or dilution analysis, investors would compare the retained share count against total outstanding shares, which is not provided in this filing.
TL;DR: Disclosure is compliant and routine; transaction is administrative withholding, not a discretionary cash sale.
The Form 4 includes the required details: reporting person identity, relationship to the issuer, transaction date, code, number of shares affected, price, and post-transaction beneficial ownership. The filing cites Rule 16b-3 exemption for RSU withholding, aligning with standard insider reporting practices. No additional governance or compliance issues are apparent from the disclosed transaction alone.