ATN International (ATNI) SVP has 875 shares withheld for tax obligation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ATN International senior vice president and general counsel Mary Mabey had 875 shares of common stock withheld by the company at $27.92 per share to cover taxes from vesting restricted stock units. This routine tax-withholding disposition leaves her holding 65,402 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mabey Mary
Role
SVP AND GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 875 | $27.92 | $24K |
Holdings After Transaction:
Common Stock — 65,402 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ATN International (ATNI) report for Mary Mabey?
ATN International reported a routine tax-related transaction for SVP and general counsel Mary Mabey. The company withheld 875 common shares to cover taxes arising from the vesting of previously granted restricted stock units, rather than an open-market stock sale.
Is the ATN International (ATNI) Form 4 for Mary Mabey an open-market stock sale?
No, the Form 4 does not show an open-market sale. It records 875 shares withheld by ATN International to pay Mary Mabey’s tax liability from vesting restricted stock units, a common non-market compensation and tax-settlement mechanism for executives.
What type of equity award triggered the ATN International (ATNI) tax withholding for Mary Mabey?
The tax withholding was triggered by the vesting of previously granted restricted stock units. When these restricted stock units vested, ATN International withheld 875 common shares from Mary Mabey’s award to cover her resulting tax obligation instead of requiring a separate cash payment.