Atkore (ATKR) director receives 140 dividend-equivalent RSU units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atkore Inc. director Jeri L. Isbell acquired additional equity-linked units through a compensation adjustment. On the reported date, Isbell received 140.2823 common stock-equivalent units as a grant or award, representing dividend equivalent units accrued on unvested or deferred restricted stock units (RSUs).
After this acquisition, Isbell’s directly held position increased to 30,447.8967 common stock-equivalent units, which includes unvested or deferred RSUs and amounts accrued for related dividend equivalent units. No cash purchase was involved, as the units were awarded at a stated price of $0.0000 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Isbell Jeri L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 140.282 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,447.897 shares (Direct)
Footnotes (1)
- Represents dividend equivalent units accrued on unvested or deferred restricted stock units ("RSUs"). Includes unvested or deferred restricted stock units ("RSUs") and amounts accrued for dividend equivalent units on such RSUs.
FAQ
What insider transaction did Atkore (ATKR) report for Jeri L. Isbell?
Atkore reported that director Jeri L. Isbell acquired 140.2823 common stock-equivalent units. These represent dividend equivalent units accrued on unvested or deferred restricted stock units granted as part of her equity-based compensation.
Was cash paid for the 140.2823 Atkore (ATKR) units acquired by Jeri L. Isbell?
No cash was paid for the 140.2823 units. The filing lists a transaction price of $0.0000 per share, indicating these were granted as dividend equivalent units tied to existing restricted stock units rather than purchased in the market.
What are dividend equivalent units in the context of Atkore (ATKR) RSUs?
Dividend equivalent units represent additional units credited on unvested or deferred restricted stock units when dividends are declared. Instead of receiving cash, holders accumulate units that mirror dividends, increasing their equity-linked holdings over time under the company’s compensation arrangements.
Is the Atkore (ATKR) Form 4 transaction a market buy or sell by Jeri L. Isbell?
The transaction is not a market buy or sell. It is coded as a grant, award, or other acquisition, reflecting additional dividend equivalent units credited on existing restricted stock units, rather than an open-market purchase or sale of Atkore common stock.