Atmus (NYSE: ATMU) SVP sells 2,890 shares to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atmus Filtration Technologies Senior Vice President Charles Masters sold 2,890 shares of common stock in an open-market transaction. The shares were sold on June 1, 2026 at an average price of $45.247 per share. A footnote explains the sale reflects shares sold upon vesting of the first half of a launch grant award to pay his tax withholding obligation, indicating this was a compensation-related, mechanistic transaction. After the sale, he continues to hold 43,579 shares of Atmus stock directly, so the sale represents a relatively small portion of his overall reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,890 shares ($130,764)
Net Sell
1 txn
Insider
Masters Charles
Role
Senior Vice President
Sold
2,890 shs ($131K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,890 | $45.247 | $131K |
Holdings After Transaction:
Common Stock — 43,579 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,890 shares
Sale price: $45.247 per share
Shares held after transaction: 43,579 shares
3 metrics
Shares sold
2,890 shares
Open-market sale on June 1, 2026
Sale price
$45.247 per share
Average price for the 2,890 shares sold
Shares held after transaction
43,579 shares
Direct ownership following the June 1, 2026 sale
Key Terms
open-market sale, tax withholding obligation, launch grant award
3 terms
open-market sale financial
"transaction_action: "open-market sale" for the common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax withholding obligation financial
"shares sold upon vesting ... to pay reporting person's tax withholding obligation"
launch grant award financial
"vesting of first half of launch grant award to pay tax withholding"
FAQ
What insider transaction did Atmus (ATMU) report for Charles Masters?
Atmus disclosed that Senior Vice President Charles Masters sold 2,890 shares of common stock. The transaction occurred on June 1, 2026, as an open-market sale at an average price of $45.247 per share, according to the Form 4 filing and accompanying footnote.
Was the Atmus (ATMU) insider sale by Charles Masters part of a compensation event?
Yes. The filing’s footnote explains the shares were sold upon vesting of the first half of a launch grant award. The proceeds were used to pay the executive’s tax withholding obligation tied to that equity award, indicating a compensation-driven, tax-related sale.