Atmus (NYSE: ATMU) CPO sells 2,566 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atmus Filtration Technologies Chief People Officer Renee Swan reported an open-market sale of 2,566 shares of common stock at $45.247 per share. According to the filing, the shares were sold upon vesting of the first half of a launch grant award to pay her tax withholding obligation. After this transaction, she directly holds 50,745 shares of Atmus Filtration Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,566 shares ($116,104)
Net Sell
1 txn
Insider
Swan Renee
Role
Chief People Officer
Sold
2,566 shs ($116K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,566 | $45.247 | $116K |
Holdings After Transaction:
Common Stock — 50,745 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,566 shares
Sale price: $45.247 per share
Shares held after transaction: 50,745 shares
3 metrics
Shares sold
2,566 shares
Open-market sale on vesting of launch grant
Sale price
$45.247 per share
Price for common stock sale
Shares held after transaction
50,745 shares
Direct ownership after sale
Key Terms
launch grant award, tax withholding obligation, open-market sale, Common Stock
4 terms
launch grant award financial
"Reflects shares sold upon vesting of first half of launch grant award"
tax withholding obligation financial
"to pay reporting person's tax withholding obligation"
open-market sale financial
"transaction_action": "open-market sale""
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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Atmus (ATMU) report for Renee Swan?
Atmus reported that Chief People Officer Renee Swan sold 2,566 shares of common stock at $45.247 per share. The filing states these shares were sold upon vesting of a launch grant award to cover her tax withholding obligation.
What role does Renee Swan hold at Atmus (ATMU) in this Form 4 filing?
In this Form 4, Renee Swan is identified as an officer of Atmus Filtration Technologies, serving as Chief People Officer. The reported transaction reflects activity in her personally held common stock tied to vesting of an equity launch grant award.