Kershaw Justin A 4
Research Summary
AI-generated summary
Atkore (ATKR) Director Justin Kershaw Receives RSU Award
What Happened
- Justin A. Kershaw, a director of Atkore Inc. (ATKR), was granted 2,275 restricted stock units (RSUs) on January 29, 2026. The Form 4 reports the acquisition at $0.00 per share (no cash paid at grant).
- This is a grant/award (compensation) rather than an open-market purchase or sale and is commonly part of director compensation.
Key Details
- Transaction date: 2026-01-29; reported on Form 4 filed 2026-02-02 (timely filing under the two-business-day rule).
- Grant amount: 2,275 RSUs; reported price: $0.00 (no cash exchanged at grant).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: RSUs vest based on continued service as a director on the earlier of (a) the day before the first anniversary of the grant or (b) the day before Atkore’s next annual meeting of stockholders.
- F2: Includes unvested/deferred RSUs and accrued dividend equivalent units on those RSUs.
- Transaction code: A = Award/Grant.
Context
- RSUs represent a promise to receive shares if vesting conditions are met; they do not provide immediate tradable shares until vested. Dividend equivalent units may accumulate value but are typically paid or converted upon vesting.
- Grants to directors are routine compensation and do not by themselves indicate insider buying or selling sentiment.