Atkore (ATKR) CEO Waltz adds dividend-equivalent units in equity award filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Waltz William E Jr. reported acquisition or exercise transactions in this Form 4 filing.
Atkore Inc. President and CEO William E. Jr. Waltz reported a compensation-related grant of 271.9081 shares of common stock at $0.0000 per share. These represent dividend equivalent units accrued on unvested restricted stock units, increasing his direct holdings (including unvested RSUs and related dividend equivalents) to 123,411.3367 shares of common stock. An additional 36,836 shares are held indirectly in a trust for his spouse as beneficiary, for which he disclaims beneficial ownership except to the extent of 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 | 271.908 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 123,411.337 shares (Direct, null);
Common Stock — 36,836 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.
Key Figures
Dividend equivalent grant: 271.9081 shares
Direct holdings after transaction: 123,411.3367 shares
Indirect trust holdings: 36,836 shares
3 metrics
Dividend equivalent grant
271.9081 shares
Common stock units accrued on unvested RSUs at $0.0000 per share
Direct holdings after transaction
123,411.3367 shares
Common stock, including unvested RSUs and accrued dividend equivalents
Indirect trust holdings
36,836 shares
Common stock held by trust for spouse as beneficiary
Key Terms
dividend equivalent units, restricted stock units ("RSUs"), beneficial ownership, pecuniary interest
4 terms
dividend equivalent units financial
"Represents dividend equivalent units accrued on unvested restricted stock units ("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.
restricted stock units ("RSUs") financial
"Includes unvested restricted stock units ("RSUs") and amounts accrued for dividend equivalent units on such RSUs."
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.
beneficial ownership financial
"the reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission"
FAQ
What insider transaction did Atkore (ATKR) report for William E. Jr. Waltz?
Atkore reported that President and CEO William E. Jr. Waltz received a grant of 271.9081 common shares. The shares are dividend equivalent units tied to unvested restricted stock units and were acquired at no cost as part of his existing equity compensation.
Does the Atkore (ATKR) Form 4 show any open-market buying or selling by William E. Jr. Waltz?
The Form 4 does not show any open-market purchases or sales by Waltz. It reports a grant of 271.9081 dividend equivalent units at a zero price and an indirect trust holding, with no listed buy or sell transactions in the open market.