[Form 4] Atkore Inc. Insider Trading Activity
Rhea-AI Filing Summary
Michael V. Schrock, identified as a director of Atkore Inc. (ATKR), reported a transaction dated 08/29/2025 on SEC Form 4. The filing discloses an acquisition of 10.2832 dividend equivalent units related to unvested or deferred restricted stock units (RSUs) at a reported price of $0. Following the reported transaction, the filing shows 19,874.0783 shares or RSU-related units beneficially owned, which the reporter states includes unvested or deferred RSUs and accrued dividend equivalents. The Form 4 was signed on behalf of Mr. Schrock by an attorney-in-fact, Daniel S. Kelly, on 09/03/2025. The document provides transaction codes and explanatory notes indicating the acquired amount represents dividend equivalent units on RSUs and that the total includes unvested RSUs.
Positive
- Transparent disclosure of RSU dividend equivalents and total beneficial ownership by a director
- Transaction clearly labeled as acquisition of dividend equivalent units at $0, consistent with compensation accounting
Negative
- None.
Insights
TL;DR: Routine insider reporting of RSU-related dividend equivalents; transaction appears non-cash and tied to compensation.
The Form 4 documents a non-cash acquisition of dividend equivalent units on unvested or deferred RSUs by a director. The reported acquisition amount is 10.2832 units at a price of $0, consistent with dividend accruals or compensation mechanics rather than open-market purchases. The filing quantifies total beneficial ownership as 19,874.0783 units post-transaction. This is a standard disclosure required under Section 16; the filing includes an attorney-in-fact signature dated 09/03/2025.
TL;DR: Disclosure is routine and compliant; shows director receiving RSU-related credits.
The disclosure identifies the reporting person as a director and explains that the acquired units are dividend equivalents on RSUs, and that the total beneficial ownership includes unvested or deferred RSUs. The zero price and the explanatory remarks indicate these are compensation-related entries rather than market trades. The form is signed by an attorney-in-fact, satisfying signature requirements. No amendments or additional relationship changes are indicated in the filing.