Atkore (ATKR) CFO adds 67.8 dividend equivalent units to stock holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atkore Inc. vice president and CFO John Michael Deitzer reported an automatic equity accrual linked to existing awards. On the reported date, he acquired 67.8100 shares of common stock at no cash cost through dividend equivalent units credited on unvested restricted stock units. After this grant, his directly held balance increased to 18,827.4842 shares, including unvested RSUs and related dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deitzer John Michael
Role
VP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 67.81 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,827.484 shares (Direct)
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.
FAQ
What insider transaction did Atkore (ATKR) report for CFO John Michael Deitzer?
Atkore reported that CFO John Michael Deitzer acquired 67.8100 shares of common stock through a grant. These shares reflect dividend equivalent units credited on his unvested restricted stock units, increasing his direct holdings without an open-market purchase.
Was the Atkore (ATKR) CFO Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market purchase or sale. It reflects a grant of 67.8100 dividend equivalent units on unvested restricted stock units, recorded at a price of $0.0000 per share, rather than a cash transaction in the open market.
What are dividend equivalent units in the Atkore (ATKR) CFO Form 4 filing?
Dividend equivalent units are additional share units credited on unvested RSUs when dividends are declared. In this filing, 67.8100 such units were added to the CFO’s existing unvested restricted stock units, effectively increasing his equity-based holdings without a cash outlay.