Atkore CEO gifts 26,000 company shares
Atkore Inc. President and CEO William E. Waltz Jr. reported two bona fide gift transfers of the company’s common stock.
Rhea-AI Filing Summary
Atkore Inc. President and CEO William E. Waltz Jr. reported two bona fide gift transfers of the company’s common stock. On May 8, 2026, he gifted 13,000 shares to a trust and 13,000 shares from his direct holdings, for a total of 26,000 shares transferred without consideration.
After these gifts, he indirectly holds 36,836 shares through a trust and directly holds 123,139.4286 shares, which include unvested restricted stock units and related dividend equivalent units. Some securities are held by a trust for his spouse’s benefit, and he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
26,000 shares gifted
Gift
2 txns
Insider
Waltz William E Jr.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 13,000 | $0.00 | $0.00 |
| Gift | Common Stock | 13,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 123,139.4286 shares (Direct);
Common Stock — 36,836 shares (Indirect, By Trust)
Footnotes (4)
- F1. On May 8, 2026, the reporting person transferred 13,000 shares of the Issuer's common stock to a trust.
- F2. Gift.
- F3. Includes unvested restricted stock units ("RSUs") and amounts accrued for dividend equivalent units on such RSUs.
- F4. Securities held directly by a trust for which the reporting person's spouse is the beneficiary. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that the reporting person is, for purposes of Section 16 or any other purpose, the beneficial owner of such securities.
Key Figures
Total shares gifted: 26,000 shares
Indirect holdings after transaction: 36,836 shares
Direct holdings after transaction: 123,139.4286 shares
3 metrics
Total shares gifted
26,000 shares
Bona fide gifts of common stock on May 8, 2026
Indirect holdings after transaction
36,836 shares
Common stock held indirectly through a trust after gifts
Direct holdings after transaction
123,139.4286 shares
Common stock held directly after gifts, including unvested RSUs and dividend equivalents
Key Terms
bona fide gift, restricted stock units ("RSUs"), dividend equivalent units, pecuniary interest, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units ("RSUs") financial
"Includes unvested restricted stock units ("RSUs") and amounts accrued"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
dividend equivalent units financial
"and amounts accrued for dividend equivalent units on such RSUs."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, and this report"
Section 16 regulatory
"for purposes of Section 16 or any other purpose, the beneficial owner"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Atkore (ATKR) CEO William E. Waltz Jr. report?
William E. Waltz Jr. reported two bona fide gifts of Atkore common stock totaling 26,000 shares. One 13,000-share block was transferred to a trust and another 13,000 shares were gifted from his direct holdings, both at no stated price per share.
Were the Atkore (ATKR) CEO’s reported transactions sales or gifts?
The transactions were reported as bona fide gifts, not market sales. Both entries use transaction code G, described as a bona fide gift, with a transaction price per share of 0.0000, indicating no sale proceeds were received for the 26,000 transferred shares.
How are trusts and spousal interests described in the Atkore (ATKR) Form 4 footnotes?
Some securities are held by a trust for the CEO’s spouse as beneficiary. The filing explains he disclaims beneficial ownership of those trust-held securities, except for his pecuniary interest, and clarifies that this disclaimer applies for Section 16 and other legal purposes.
What does the Atkore (ATKR) Form 4 say about RSUs and dividend equivalent units?
The filing states that reported holdings include unvested RSUs and related dividend equivalent units. Specifically, it notes that the share count includes unvested restricted stock units and amounts accrued for dividend equivalent units on those RSUs, indicating part of the position is still subject to vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
