DelSanto Anne 4
Research Summary
AI-generated summary
ADTRAN (ADTN) Director Anne DelSanto Receives Restricted Stock Award
What Happened
Anne DelSanto, a director of ADTRAN Holdings, Inc. (ADTN), received a grant of 4,399 restricted common shares on 2026-07-01. The award was reported at $0.00 per share (no cash paid at grant). The grant is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-07-01; Form 4 filed on EDGAR 2026-07-06.
- Shares granted: 4,399 restricted shares; reported acquisition price $0.00 (no cash exchanged at grant).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: the restricted stock award "vests in full on the first anniversary of the date of grant."
- No late-filing indication is provided in the document.
Context
Restricted stock awards are a common form of director/executive compensation. These shares typically cannot be sold or transferred until they vest (may be forfeited if vesting conditions aren’t met), so this grant does not represent an immediate market purchase or sale and should be viewed as compensation, not a direct insider buy or sell signal.