Leipold Jane A 4
Research Summary
AI-generated summary
Atmus (ATMU) Director Jane Leipold Receives 2,619 RSU Award
What Happened
- Jane A. Leipold, a director of Atmus Filtration Technologies, was granted 2,619 restricted share units (RSUs) on May 12, 2026. The RSUs were awarded at $0.00 per share (a compensation award, not a purchase) and were reported on a Form 4 filed May 13, 2026.
- The award is part of the company’s 2026–2027 Annual Director Compensation. No cash was exchanged; the grant represents future equity compensation that will convert into shares if the vesting conditions are met.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (within typical SEC reporting window).
- Transaction type: Award/Grant (code A) — 2,619 RSUs at $0.00 per unit.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: RSUs fully vest on May 12, 2027 or at the next Annual Meeting of Stockholders, whichever comes first (per filing).
- No 10b5-1 plan, tax-withholding sale, or option exercise was reported in this transaction.
Context
- RSUs are a form of restricted equity compensation: they convert into shares only if vesting conditions are met. This is common for directors and is compensation rather than a market purchase or sale.
- Grants like this do not necessarily signal insider buying or selling intent; they reflect standard director pay practices and future potential ownership if vesting occurs.