[Form 4] Atkore Inc. Insider Trading Activity
Rhea-AI Filing Summary
Atkore Inc. (ATKR) director Wilbert W. James Jr. reported a Form 4 disclosing an internal accrual and resulting beneficial ownership as of an 08/29/2025 transaction. The filing shows 92.7535 dividend equivalent units were recorded on unvested or deferred restricted stock units (RSUs) at a $0 price. After this accrual the reporting person beneficially owns 17,914.8132 shares (including unvested or deferred RSUs and accrued dividend equivalents). The form was signed by an attorney-in-fact on 09/03/2025 and indicates the reporting person is a director.
Positive
- Disclosure is timely and complete, with transaction date 08/29/2025 and signature dated 09/03/2025
- Increase in reported beneficial ownership to 17,914.8132 shares driven by accrued dividend-equivalent units on RSUs
Negative
- None.
Insights
TL;DR: Director recorded dividend-equivalent units on RSUs, modestly increasing beneficial holdings; routine, non-cash equity accrual.
The Form 4 documents a non-cash accrual of 92.7535 dividend-equivalent units tied to unvested or deferred RSUs, which is a common compensation accounting result rather than an open-market purchase. Inclusion of these units raises reported beneficial ownership to 17,914.8132 shares. For governance review, this reflects standard equity compensation mechanics and does not indicate trading activity or change in control. The filing is timely and properly executed by an attorney-in-fact.
TL;DR: Non-cash RSU-related accrual recorded; negligible immediate market impact and no cash proceeds involved.
The transaction code and explanatory footnotes identify the 92.7535 units as dividend equivalents credited to unvested RSUs at $0, so there was no cash exchange or open-market transaction. The reported post-transaction beneficial ownership of 17,914.8132 shares aggregates vested and unvested positions for disclosure. From an investor-impact perspective, this disclosure is routine and not material to valuation or liquidity.