Vondran Steven O 4

What Happened

• Steven O. Vondran, President, CEO and a director of American Tower (AMT), was credited with 24,626 performance-based restricted stock units (PSUs) on 2026-02-25. The reported acquisition price is $0.00 (award), so no cash changed hands. The award reflects PSUs earned after the company certified performance for a three‑year performance period tied to a PSU grant made on March 10, 2023.

Key Details

• Transaction date reported: 2026-02-25; filing date: 2026-02-27 (timely).
• Award: 24,626 PSUs; reported price: $0.00; reported value: $0.
• Vesting: These PSUs will vest three years from the original grant date (grant date March 10, 2023), i.e., vesting on/around March 10, 2026.
• Shares owned after transaction: Not specified in the excerpted filing.
• Footnote: Each PSU is a contingent right to receive one share of common stock upon vesting; the award was earned via certification of performance metrics.

Context

• PSUs are performance-based awards that only convert into actual shares if performance and vesting conditions are met; this is an earned compensation award, not an open-market purchase or sale.
• Such grants indicate achievement under the company’s compensation plan but are routine components of executive pay and do not by themselves signal a buy/sell decision by the insider.