Atkore (ATKR) HR chief gains dividend-equivalent common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atkore Inc. vice president and Chief HR Officer LeAngela W. Lowe reported an acquisition of 51.5996 shares of common stock on a Form 4. The shares represent dividend equivalent units accrued on unvested restricted stock units, bringing her directly held common stock and related RSUs to 35,986.1644 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lowe LeAngela W.
Role
VP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 51.6 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,986.164 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 LeAngela W. Lowe?
Atkore reported that VP and Chief HR Officer LeAngela W. Lowe acquired 51.5996 shares of common stock. These are dividend equivalent units accrued on unvested restricted stock units, reflecting non-cash compensation linked to existing RSUs rather than an open-market stock purchase.
What does the transaction code "A" mean in this Atkore (ATKR) Form 4?
The transaction code "A" indicates a grant, award, or other acquisition of securities. In this case, it reflects non-derivative common stock credited as dividend equivalent units on unvested restricted stock units, rather than a purchase or sale in the open market.
Is LeAngela W. Lowe’s ownership in Atkore (ATKR) direct or indirect after this transaction?
Her ownership is reported as direct following this transaction. The Form 4 lists the nature of ownership as direct, and the total 35,986.1644 shares include unvested restricted stock units and accrued dividend equivalent units held in her name.