American Tower (AMT) EVP granted RSUs, delivers shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Tower executive Richard C. Rossi reported routine equity compensation and related tax withholding transactions. On March 10, 2026, he acquired 6,448 shares of Common Stock at $0.00 per share as a grant of restricted stock units under the company’s equity incentive plan, which vest in equal thirds over three years. On March 10, 2026 and March 11, 2026, a total of 2,228 shares were delivered back to the company at prices of $186.12 and $182.85 per share to cover withholding taxes due upon RSU vesting, which is not an open-market sale. After these transactions, Rossi directly owned 17,518 shares of American Tower Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Rossi Richard C
Role
EVP & President, U.S. Tower
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 684 | $182.85 | $125K |
| Grant/Award | Common Stock | 6,448 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,544 | $186.12 | $287K |
Holdings After Transaction:
Common Stock — 17,518 shares (Direct)
Footnotes (1)
- These restricted stock units ("RSUs") were granted pursuant to the 2007 Equity Incentive Plan, as amended (the "Plan"), and vest 1/3rd annually over three years, commencing one year from the date of grant. Each RSU represents a contingent right to receive one share of Common Stock. Includes 80 and 40 shares acquired under the issuer's employee stock purchase plan in May 2025 and November 2025, respectively. Shares delivered to the issuer for the payment of withholding taxes in connection with the vesting of RSUs previously granted under the Plan.
FAQ
What insider transactions did AMT executive Richard C. Rossi report on this Form 4?
Richard C. Rossi reported an equity grant and related tax withholding. He received 6,448 shares of American Tower Common Stock as a restricted stock unit award, and 2,228 shares were delivered back to the company to satisfy withholding taxes on vesting.
How do the RSUs granted to Richard C. Rossi vest over time?
The restricted stock units granted to Rossi vest in three equal annual installments. Vesting starts one year after the grant date, with one-third of the RSUs converting into common shares each year, assuming continued service and the plan’s standard conditions.