Atkore (ATKR) CEO adds dividend-equivalent stock units in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atkore Inc. President and CEO William E. Jr. Waltz reported an automatic stock-related grant. He acquired 346.1979 common shares through dividend equivalent units credited on his unvested restricted stock units, a form of share-based compensation. Following this grant, his directly held and related RSU interests total 136139.4286 shares. An additional 23836 shares are held indirectly in a trust benefiting his spouse, for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Waltz William E Jr.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 346.198 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 136,139.429 shares (Direct);
Common Stock — 23,836 shares (Indirect, By Trust)
Footnotes (1)
- Represents dividend equivalent units accrued on unvested restricted stock units ("RSUs"). Includes unvested restricted stock units ("RSUs") and amounts accrued for dividend equivalent units on such RSUs. 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.
FAQ
What insider transaction did Atkore (ATKR) CEO William E. Jr. Waltz report?
William E. Jr. Waltz reported acquiring 346.1979 Atkore common shares as dividend equivalent units on unvested restricted stock units. This represents an automatic, compensation-related grant rather than an open-market stock purchase, reflecting ongoing equity-based incentives tied to his existing RSU awards.
What are dividend equivalent units in the Atkore (ATKR) CEO’s Form 4 filing?
Dividend equivalent units are additional units credited on unvested restricted stock units to mirror dividends paid on common shares. In this filing, 346.1979 such units were added to William E. Jr. Waltz’s existing RSUs, increasing his stock-based compensation position without a cash purchase transaction.
What indirect Atkore (ATKR) holdings are reported for William E. Jr. Waltz?
The filing lists 23836 Atkore shares held indirectly through a trust benefiting the CEO’s spouse. Waltz disclaims beneficial ownership of these shares, except for any pecuniary interest, indicating they are legally held by the trust rather than as his direct personal holdings.
Does the Atkore (ATKR) CEO’s Form 4 indicate any stock sales?
The Form 4 does not report any stock sales by William E. Jr. Waltz. It shows a grant of 346.1979 dividend equivalent units tied to unvested RSUs and updates both direct and indirect holdings, but no disposition or sale transactions are included in this disclosure.