Atkore (NYSE: ATKR) director accrues dividend-equivalent stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atkore Inc. director Betty R. Wynn reported an automatic acquisition of common stock units linked to restricted stock units. On the transaction date, she received 39.3543 dividend-equivalent units at a price of $0.0000 per share, bringing her total directly held common stock and related units to 20,556.5684 shares, including unvested or deferred RSUs and accrued dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WYNN BETTY R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39.354 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,556.568 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 did Atkore (ATKR) director Betty R. Wynn report on this Form 4?
Betty R. Wynn reported an acquisition of 39.3543 common stock units tied to restricted stock units. These represent dividend-equivalent units accrued on unvested or deferred RSUs, increasing her directly held and related common stock position to 20,556.5684 shares.
What type of Atkore (ATKR) security was involved in Betty R. Wynn’s Form 4 filing?
The Form 4 involves Atkore Inc. common stock associated with restricted stock units. The reported 39.3543-share acquisition reflects dividend-equivalent units that accrued on unvested or deferred RSUs, rather than an open-market cash purchase of common shares.
Was Betty R. Wynn’s Atkore (ATKR) Form 4 transaction a purchase or an award?
The transaction is classified as a grant, award, or other acquisition rather than an open-market purchase. It records 39.3543 dividend-equivalent units accrued on unvested or deferred restricted stock units, with a stated price of $0.0000 per share.
What do the dividend-equivalent units mean in Atkore (ATKR) director Betty R. Wynn’s filing?
Dividend-equivalent units mirror dividends on unvested or deferred RSUs by crediting additional units instead of cash. In this Form 4, 39.3543 such units accrued on Betty R. Wynn’s restricted stock units, increasing her total reported common stock-related holdings.