YAZDI MAHVASH 4
Research Summary
AI-generated summary
Anterix (ATEX) Director Mahvash Yazdi Sells 7,000 Shares
What Happened
Mahvash Yazdi, a director of Anterix, reported the sale of 7,000 shares on 2026-06-16 at $80.00 per share, for a total transaction value of $560,000. The Form 4 lists the transaction as an open-market or private sale (code S). This was a sale (not a purchase), which is often routine insider selling and does not by itself indicate company outlook.
Key Details
- Transaction date: 2026-06-16; reported on Form 4 filed 2026-06-17 (timely filing).
- Price and amount: 7,000 shares at $80.00 each; total ≈ $560,000.
- Shares owned after transaction: Not specified in the information provided in this summary (see the filed Form 4 for holdings disclosure).
- Footnote: Yazdi is trustee of the Yazdi Family Trust (dated Oct 3, 1998) and has voting and dispositive power over these shares; she disclaims beneficial ownership except for any pecuniary interest.
- Transaction type code: S = Sale.
Context
- The shares were sold from a trust for which Yazdi is trustee; trustee transactions can reflect estate or portfolio management rather than personal trading decisions.
- Sales are common among insiders for diversification or liquidity; they are less directly informative than purchases about insider sentiment. For full context and holdings after the sale, review the complete Form 4 filing (Accession 0001182496-26-000007).