Accepted (ET)
7:56 AM
Sep 23, 2026
Filed
Sep 23, 2026
Documents
1
Size
5.3 KB
Summary
Anterix (ATEX) CEO Scott A. Lang Sells 15,000 Shares
What Happened
Scott A. Lang (President, CEO and Director) sold 15,000 shares of Anterix Inc. on September 21, 2026 at $80.00 per share, generating $1,200,000 in proceeds. The Form 4 filing was amended to indicate the sale was effected under a Rule 10b5-1(c) trading plan adopted by Mr. Lang on June 22, 2026. This transaction is a sale (S) and not a purchase—sales are often routine and do not necessarily signal a change in the insider’s view.
Key Details
- Transaction date: 2026-09-21
- Transaction type: Sale (S) — open market or private sale
- Shares sold: 15,000 at $80.00 per share; total proceeds $1,200,000
- Filing: Amended Form 4 filed 2026-09-23 (amendment adds 10b5-1 plan info) — filing timing appears timely relative to the transaction date
- Footnote: Trade was made pursuant to a Rule 10b5-1(c) trading plan adopted June 22, 2026
- Shares owned after transaction: Not specified in the provided filing excerpt
Context
A Rule 10b5-1 trading plan lets insiders execute pre-arranged trades at set times or under set conditions; trades under such plans are typically scheduled in advance and may not reflect the insider’s current view of the company. For retail investors, purchases by insiders often carry more interpretive weight than routine, pre-planned sales. This summary is factual and does not speculate on motives behind the sale.