Atkore: Wilbert W. James Jr. disposes of 17,191 shares
Prysmian's completed merger made Atkore a wholly owned subsidiary and provided cash consideration for eligible shares and equity units.
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Rhea-AI Filing Summary
Atkore Inc. director Wilbert W. James Jr. disposed of 17,191 directly held shares in the October 19, 2026 merger with Prysmian S.p.A.; each common share converted into a right to receive $95.00 in cash, without interest. His reported direct holding after the transaction was zero shares. The reported amount includes deferred stock units, restricted stock units and accrued dividend-equivalent amounts, which were canceled for cash under the merger terms. Atkore survived the merger as Prysmian's wholly owned subsidiary.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2, F3, F4 | 17,190.9403 | $95.00 | $1.63M |
Footnotes (4)
- F1. On October 19, 2026 (the "Closing Date"), pursuant to the Agreement and Plan of Merger, dated August 2, 2026 (the "Merger Agreement"), by and among Atkore Inc. ("Atkore" or the "Company"), Prysmian S.p.A., a company organized under the laws of the Republic of Italy ("Buyer"), Trinity Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Buyer ("Merger Sub"), and, solely as provided in certain sections of the Merger Agreement, Prysmian Cables and Systems USA, LLC, a Delaware limited liability company, Merger Sub merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Buyer (the "Surviving Corporation").
- F2. At the effective time of the Merger (the "Effective Time"), each share of common stock of Atkore, par value $0.01 per share ("Common Stock") issued and outstanding immediately prior to the Effective Time, was (except as otherwise provided in the Merger Agreement) converted into the right to receive $95.00 in cash, without interest (the "Merger Consideration").
- F3. Includes deferred stock units ("DSUs") and any amounts accrued for dividend equivalent units thereon. Under the Merger Agreement, at the Effective Time, each outstanding DSU was canceled and converted into the right to receive a cash payment from the Surviving Corporation equal to the product of (A) the Merger Consideration and (B) the total number of shares of Common Stock underlying such DSU.
- F4. Includes restricted stock units ("RSUs") and any amounts accrued for dividend equivalent units thereon. Under the Merger Agreement, at the Effective Time, each outstanding RSU, whether vested or unvested, was deemed fully vested and canceled and converted into the right to receive a cash payment from the Surviving Corporation equal to the product of (A) the Merger Consideration and (B) the total number of shares of Common Stock underlying such RSU.
Key Figures
Key Terms
Merger Consideration financial
deferred stock units financial
restricted stock units financial
Effective Time technical
FAQ
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