AptarGroup (NYSE: ATR) CFO reports routine 368-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APTARGROUP, INC. Executive Vice President and CFO Vanessa Kanu reported a small tax-related share disposition. On the transaction date, 368 shares of common stock were withheld at $129.50 per share to cover tax obligations, classified as a tax-withholding disposition rather than an open-market sale. Following this event, Kanu directly holds 9,354 shares of AptarGroup common stock, indicating this was a routine administrative transaction tied to equity compensation, not a discretionary trade in the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kanu Vanessa
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 368 | $129.50 | $48K |
Holdings After Transaction:
Common Stock — 9,354 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did ATR Executive VP & CFO Vanessa Kanu report?
Vanessa Kanu reported a tax-related disposition of AptarGroup shares. Specifically, 368 common shares were withheld at $129.50 each to satisfy tax liabilities, a routine administrative step tied to equity compensation rather than an open-market sale or discretionary trading decision.
What does transaction code F mean in the ATR Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 368 AptarGroup common shares were withheld at $129.50 each to cover tax obligations, classifying the event as tax-withholding rather than a discretionary share sale.
Does the ATR Form 4 show any open-market buying or selling by Vanessa Kanu?
The Form 4 does not show open-market buying or selling. It reports only one F-code transaction, where 368 AptarGroup common shares were withheld for tax purposes at $129.50 per share, reflecting administrative tax settlement instead of voluntary trading activity in the market.