SCHROCK MICHAEL V 4
Research Summary
AI-generated summary
Atkore (ATKR) Director Michael Schrock Receives RSU Award
What Happened
- Michael V. Schrock, a director of Atkore Inc., received a grant of 2,275 restricted stock units (RSUs) on January 29, 2026. The Form 4 shows the award as an acquisition (code A) at a reported price of $0.00. This is a compensation award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-01-29; Filing date (Form 4): 2026-02-02 (timely — within two business days).
- Transaction type/code: Award of restricted stock units (A).
- Shares/units granted: 2,275 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: RSUs vest based on continued service as a Director on the earlier of (a) the day before the first anniversary of the grant or (b) the day before Atkore’s next annual meeting.
- F2: Includes unvested/deferred RSUs and accrued dividend equivalent units on those RSUs.
- No indication of a 10b5-1 plan, tax withholding sale, or late filing in this report.
Context
- RSU grants are a form of compensation for directors and typically vest over time based on service; they do not represent an immediate cash purchase or sale. Dividend equivalent units may accrue on these RSUs, and value to the insider depends on future vesting and Atkore’s stock price at vesting.