ATN International, Inc.·4

Mar 16, 5:25 PM ET

Martin Brad W 4

Research Summary

AI-generated summary

Updated

ATN International (ATNI) CEO Brad Martin Sells 6,795 Shares (Tax Withholding)

What Happened
Brad W. Martin, CEO of ATN International (ATNI), had a total of 6,795 shares withheld by the company to satisfy tax obligations from the vesting of previously granted Restricted Stock Units (RSUs). The withholding occurred in two parts: 2,299 shares at $24.65 each (worth $56,670) on 2026-03-12, and 4,496 shares at $24.49 each (worth $110,107) on 2026-03-13 — total value approximately $166,777. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction dates and prices:
    • 2026-03-12: 2,299 shares withheld @ $24.65 = $56,670
    • 2026-03-13: 4,496 shares withheld @ $24.49 = $110,107
  • Total shares withheld: 6,795; total proceeds ≈ $166,777.
  • Shares owned after the transactions: not disclosed in the provided filing excerpt.
  • Footnotes: F1 indicates the shares were withheld by the company to cover Mr. Martin's tax obligations from vested RSUs. F2 references an existing footnote (1) in the filing.
  • Filing timing: Form filed 2026-03-16 reporting transactions on 2026-03-12 and 2026-03-13. Form 4s are generally due within two business days of a transaction; the March 12 event may have been reported after that typical window.

Context

  • This was a routine tax-withholding event tied to RSU vesting (cashless share withholding), not an independent open-market sale or purchase. Such withholdings are common and do not necessarily reflect an insider’s view on the company’s future performance.