ATN International (ATNI) SVP nets shares after PSU and RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
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
5,500 shares exercised/converted
Mixed
4 txns
Insider
Leon Justin M
Role
SVP, CORPORATE DEVELOPMENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based Restricted Stock Units | 5,500 | $0.00 | -- |
| Exercise | Common Stock | 3,190 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,424 | $24.18 | $34K |
| Tax Withholding | Common Stock | 613 | $24.18 | $15K |
Holdings After Transaction:
Performance-Based Restricted Stock Units — 0 shares (Direct);
Common Stock — 44,058 shares (Direct)
Footnotes (1)
- 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. Refer to existing footnote (1) 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). 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
What insider transactions did ATN International (ATNI) report for Justin M. Leon?
ATN International reported that SVP Justin M. Leon had 5,500 performance-based restricted stock units vest and convert into common shares. Related tax-withholding transactions and other entries left him holding 42,021 common shares directly after the reported activity.
Were any of Justin M. Leon’s ATN International (ATNI) transactions open-market sales?
The filing shows no open-market sales. Shares coded as “F” represent 1,424 and 613 shares withheld by ATN International at $24.18 per share to pay Mr. Leon’s tax liabilities from vesting equity awards, not discretionary market sales.
What performance conditions triggered Justin M. Leon’s ATN International (ATNI) PSU vesting?
The performance-based units vested based on ATN International’s total shareholder return compared with the Russell 2000 Index. The company used 40-day average closing prices at the start and end of the performance period ending March 7, 2026, and issued 58% of the target PSU shares.