AptarGroup (ATR) CEO has shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APTARGROUP, INC. President and CEO Stephan B. Tanda reported a tax-withholding disposition of 1,321 shares of common stock at $144.14 per share, used to cover tax obligations rather than an open-market sale. After this, he directly holds 202,678 shares and indirectly holds 3,127 shares through a 401(k) trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tanda Stephan B.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,321 | $144.14 | $190K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 202,678 shares (Direct);
Common Stock — 3,127 shares (Indirect, By 401(k) trust)
Footnotes (1)
FAQ
What insider transaction did ATR CEO Stephan B. Tanda report on this Form 4?
Stephan B. Tanda reported a tax-withholding disposition of 1,321 shares of AptarGroup common stock. The shares, valued at $144.14 each, were withheld to satisfy tax obligations, rather than representing an open-market sale, which is a common mechanism for equity compensation.
Did the ATR Form 4 filing show an open-market sale by the CEO?
The filing did not show an open-market sale by the CEO. It reported a code “F” transaction, meaning 1,321 shares were disposed of to pay taxes due on equity compensation, a routine, non-discretionary event rather than a voluntary buy or sell decision in the market.
What does transaction code F mean in the ATR CEO’s Form 4?
Transaction code F indicates payment of a tax liability by delivering or withholding securities. In this case, 1,321 AptarGroup shares were used to cover taxes tied to equity awards, so it is a tax-withholding disposition instead of a typical market purchase or sale transaction.