Martin Brad W 4
Research Summary
AI-generated summary
ATN International (ATNI) CEO Brad Martin Receives 54,096 RSU Award
What Happened
Brad W. Martin, CEO of ATN International (ATNI), received a total award of 54,096 restricted stock units on March 17, 2026. The grant breaks down into 27,048 time‑based restricted stock units (RSUs) and 27,048 performance‑based RSUs (PSUs). The awards were granted at no cash cost (price reported $0.00).
Key Details
- Transaction date: March 17, 2026; Form 4 filed March 19, 2026 (timely filing).
- Grant type / code: A = Award/Grant. One grant is time‑based RSUs, the other is performance‑based RSUs (derivative).
- Counts and price: 27,048 time‑based RSUs @ $0.00; 27,048 PSUs @ $0.00 (total 54,096 units).
- Vesting (time‑based): Time RSUs vest in four equal annual installments on March 17 of 2027, 2028, 2029 and 2030 (Footnote F1).
- Vesting (performance‑based): PSUs are contingent on relative total shareholder return (TSR) vs. the Russell 2000; payout may range from 0% to 150% of target and is measured over the performance period March 17, 2026 to March 17, 2029 (Footnotes F2–F3).
- Money exchanged: None (award at $0.00).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
This is a compensatory equity award (time‑based RSUs and performance‑based RSUs) to the CEO, a common long‑term incentive used to align executive pay with company performance. Time RSUs vest on a schedule; PSUs only convert to shares if performance goals are met at the end of the performance period. Awards are not the same as open‑market purchases or sales and do not by themselves indicate a buy/sell signal.