ATN International SVP exercises PSUs, covers taxes
ATN International, Inc. senior vice president of corporate development Justin M. Leon reported compensation-related equity transactions.
Rhea-AI Filing Summary
ATN International, Inc. senior vice president of corporate development Justin M. Leon reported compensation-related equity transactions. On March 7, 2026, 5,500 performance-based restricted stock units vested and were exercised into an equal number of common shares based on pre-established relative total shareholder return goals. Following related entries, he held 42,021 common shares directly. As part of the vesting, 1,424 shares tied to performance stock units and 613 shares tied to restricted stock units were withheld by the company at $24.18 per share to cover Mr. Leon’s tax obligations, which are not open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based Restricted Stock Units | 5,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,190 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,424 | $24.18 | $34K |
| Exercise Price or Tax Liability | Common Stock | 613 | $24.18 | $15K |
Footnotes (4)
- F1. Common stock issued upon vesting of performance-based RSU ("PSU") based on the achievement of pre-established relative total shareholder return ("TSR") goals that were set by the Compensation Committee of the Issuer's Board of Directors, based on comparing the Issuer's TSR relative to the TSR of the Russell 2000 Index, using the average closing price of the shares for the 40 days before and including each of the first and last trading days of the applicable performance period, which ended on March 7, 2026. The aggregate number of shares issued is 58% of the target number of PSU shares previously reported.
- F2. Refer to existing footnote (1)
- F3. Represents shares withheld by the Company for payment of Mr. Leon's tax obligation arising from the vesting of previously granted Performance Stock Units in the existing footnote (1).
- F4. Represents shares withheld by the Company for payment of Mr. Leon's tax obligation arising from the vesting of previously granted Restricted Stock Units.
FAQ
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What insider transactions did ATN International (ATNI) report for Justin M. Leon?
Were any of Justin M. Leon’s ATN International (ATNI) transactions open-market sales?
What performance conditions triggered Justin M. Leon’s ATN International (ATNI) PSU vesting?
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