Macadam Stephen E. 4
Research Summary
AI-generated summary
Atmus (ATMU) Director Stephen Macadam Receives 2,619 RSUs
What Happened
- Stephen E. Macadam, a director of Atmus Filtration Technologies, was awarded 2,619 restricted share units (RSUs) on May 12, 2026. The award was reported as an acquisition (code A) at $0.00 per share (total reported value $0 on the Form 4). These RSUs convert into common shares only upon vesting.
Key Details
- Transaction date: 2026-05-12; Form 4 filed 2026-05-13 (timely).
- Transaction type/code: Award/Grant (A) — 2,619 RSUs @ $0.00 (reported value $0).
- Vesting: RSUs fully vest on May 12, 2027, or at the next Annual Meeting of Stockholders, whichever comes first (per footnote).
- Shares owned after transaction: Not specified in the provided filing.
- No 10b5‑1 plan, sale, tax‑withholding, or exercise activity reported in this filing.
Context
- This is a compensation grant (RSUs) to a director — not a market purchase or sale. RSUs do not represent voting shares until they vest and are converted into actual shares; they may be subject to taxes or withholding when they vest. Such awards are routine as part of director compensation and do not, by themselves, indicate buying or selling sentiment.