4Filed Aug 3, 8:00 PM ET
AptarGroup CEO Stephan Tanda Exercises Options, Sells 9,838 Shares
$ATR · APTARGROUP, INC.Research Summary
AI-generated summary of this SEC filing
AptarGroup CEO Stephan Tanda Exercises Options, Sells 9,838 Shares
What Happened
- Stephan B. Tanda, President & CEO and a director of AptarGroup (ATR), exercised 9,838 stock options on 2026-08-03 at $74.79 per share (cost $735,784) and immediately sold the 9,838 shares in the open market the same day for a weighted average price of $136.16 per share (gross proceeds $1,339,588). The filing also shows a derivative conversion/disposition entry for 9,838 shares at $0, which reflects the option being converted/terminated in the exercise.
Key Details
- Transaction date: 2026-08-03; Form 4 filed 2026-08-04 (timely).
- Exercise: 9,838 shares at $74.79 each — total exercise cost $735,784.
- Sale: 9,838 shares at weighted avg $136.16 — total proceeds $1,339,588; trade prices ranged $136.00–$136.52 (footnote).
- Derivative entry: 9,838 shares disposed at $0 (conversion of the option).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: weighted-average sale price reported; seller can provide breakdown of shares sold at each price on request.
Context
- This is effectively a cashless exercise: options were exercised and the acquired shares were sold the same day. That is a common executive action to realize option value and/or cover exercise costs and taxes; the filing is factual and does not indicate the insider’s motives.