ATN International chair shares withheld for taxes
ATN International executive chairman Michael T. Prior had 6,877 common shares withheld to cover tax obligations from restricted stock unit vesting.
Rhea-AI Filing Summary
ATN International executive chairman Michael T. Prior had 6,877 common shares withheld to cover tax obligations from restricted stock unit vesting. The shares were withheld on March 12 and March 13 at prices of $24.65 and $24.49 per share. After these tax-withholding dispositions, he directly holds 576,527 common shares and also reports additional indirect holdings through several family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 6,877 shares
Exercise Price or Tax Liability
7 txns
Insider
PRIOR MICHAEL T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,686 | $24.49 | $115K |
| Exercise Price or Tax Liability | Common Stock | 2,191 | $24.65 | $54K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 576,527 shares (Direct);
Common Stock — 128,847 shares (Indirect, Trustee of Lauren S. Prior 2013 Trust);
Common Stock — 8,141 shares (Indirect, Trustee of JP 2018 Trust);
Common Stock — 7,741 shares (Indirect, Trustee of WP 2015 Trust);
Common Stock — 8,041 shares (Indirect, Trustee of RP 2014 Trust);
Common Stock — 7,982 shares (Indirect, Trustee of Prior Family Trust 2019)
Footnotes (2)
- F1. Represents shares withheld by the Company for payment of Mr. Prior's tax obligation arising from the vesting of previously granted Restricted Stock Units.
- F2. Refer to existing footnote (1)
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ATNI director Michael T. Prior report on this Form 4?
Michael T. Prior reported company share withholdings to pay taxes on vested restricted stock units. These were coded as F transactions, reflecting tax-withholding dispositions rather than open-market sales, and relate to previously granted equity awards.
What indirect ATNI holdings does Michael T. Prior report through trusts?
Michael T. Prior reports indirect ATN International holdings as trustee for several trusts, including 128,847 shares for the Lauren S. Prior 2013 Trust and smaller positions for JP 2018, WP 2015, RP 2014, and Prior Family Trust 2019, as holding entries without new transactions.
Do these ATNI Form 4 entries represent open-market sales by Michael T. Prior?
These entries do not represent open-market sales. They are Form 4 code F tax-withholding dispositions, where ATN International withheld shares to pay Michael T. Prior’s tax obligations arising from the vesting of restricted stock units previously granted.
AI-generated analysis. How Rhea-AI works. Not financial advice.