Gong Xiangwei 4
Research Summary
AI-generated summary
AptarGroup (ATR) President Gong Xiangwei Pays Taxes via Share Withholding
What Happened
Gong Xiangwei, President, Asia at AptarGroup, had 213 shares disposed on March 17, 2026 to satisfy a tax or exercise obligation. The shares were recorded at $129.50 each for a total value of about $27,584. This is reported under transaction code F (payment of exercise price or tax liability), meaning the shares were surrendered to cover taxes—not sold in an open-market transaction.
Key Details
- Transaction date: 2026-03-17; Form 4 filed 2026-03-18 (timely filing).
- Transaction type/code: F — Payment of exercise price or tax liability (share withholding).
- Shares involved: 213 shares withheld at $129.50/share (total ≈ $27,584).
- Shares owned after transaction: Not provided in the supplied details.
- Footnotes/plan: No 10b5-1 plan or other footnotes were noted in the provided transaction summary.
Context
Code F transactions are typically routine tax-withholding events tied to option exercises or vesting of awards. Because shares were surrendered to cover taxes (not sold on the market), this action generally reflects tax mechanics rather than a directional insider trade signal.