Morehouse David J 4
Research Summary
AI-generated summary
ATI Director David J. Morehouse Sells Shares
What Happened David J. Morehouse, a director of ATI Inc. (ATI), sold a total of 6,609 shares in two open-market transactions on March 9, 2026. He disposed of 1,285 shares at a weighted average price of $153.11 (proceeds $196,746) and 5,324 shares at a weighted average price of $154.53 (proceeds $822,718), for combined proceeds of about $1,019,464. These were sales (not purchases or option exercises).
Key Details
- Transaction dates: March 9, 2026 (reported on Form 4 filed March 11, 2026); filing appears timely.
- Transaction type/code: Open-market sales (S).
- Shares sold: 1,285 @ weighted avg $153.11 (range $152.77–$153.53); 5,324 @ weighted avg $154.53 (range $154.31–$154.81). Total shares sold = 6,609; total proceeds ≈ $1.02M.
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Footnotes: Both prices are weighted averages over multiple trades; the filer offers to provide the exact breakdown by price upon request. No 10b5-1 plan, option exercise, gift, or tax-withholding note was reported in the provided details.
- Filing status: Reported on Form 4 filed March 11, 2026 for trades on March 9, 2026 (appears timely under Form 4 rules).
Context
- These are outright open-market sales by a director. Sales are common for reasons like portfolio rebalancing or liquidity needs and do not by themselves confirm a change in company outlook. Purchases are generally regarded as stronger signals of insider confidence; this filing only reports disposals, not acquisitions.