Jacobs Patricia 4
Research Summary
AI-generated summary
ATN (ATNI) Director Patricia Jacobs Receives Restricted Stock Award
What Happened
Patricia Jacobs, a director of ATN International, received 4,788 shares of restricted common stock on June 16, 2026. The shares were valued at $27.15 each, for a total grant value of $129,994. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-16; per-share price used: $27.15; total value: $129,994.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: The grant represents fully vested restricted shares issued under ATN’s 2023 Equity Incentive Plan as payment of Ms. Jacobs' 2026 annual director retainer, using the 20-day moving average price of $27.15 as of June 12, 2026.
- Filing date: Form 4 filed 2026-06-18 (timely relative to the 6/16 transaction).
Context
This was a routine equity compensation award in lieu of (or as) a director retainer and does not by itself indicate insider buying or selling sentiment. Restricted stock grants increase an insider’s stake but are standard compensation for directors.