Research Summary
AI-generated summary of this SEC filing
Anterix (ATEX) CEO Scott Lang Sells 35,057 Shares
What Happened Scott Lang, President, CEO and a director of Anterix, sold a total of 35,057 shares in open-market transactions on August 14, 2026, generating approximately $3,162,734 in proceeds. The filing reports four dispositions: 800 shares at a weighted average $91.69 ($73,352); 10,087 shares at $90.87 ($916,603); 18,797 shares at $90.16 ($1,694,773); and 5,373 shares at $88.96 ($478,006). These were sales (not purchases) and therefore are not a direct bullish signal—insider sales are often routine.
Key Details
- Transaction date: August 14, 2026; Form 4 filed August 17, 2026 (filed promptly after the trades).
- Reported weighted-average prices: $91.69, $90.87, $90.16, $88.96 for the four lots.
- Footnotes: the prices are weighted averages covering multiple executions. Ranges reported:
- F1: $91.62 to $90.665 (applies to the 800-share lot)
- F2: $90.66 to $89.66 (applies to the 10,087-share lot)
- F3: $89.515 to $88.525 (applies to the 5,373-share lot) The reporting person has offered to provide a breakdown of quantities at each price on request.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
- Transaction code: S = Sale (open market / private sale as reported).
Context
- These were outright sales; for retail investors, purchases by insiders tend to carry more weight as a signal than routine sales.
- No indication in the filing of option exercises, 10b5-1 plan language, gift/tax withholding, or other derivative transactions in this report.