Leon Justin M 4
Research Summary
AI-generated summary
ATN International (ATNI) SVP Justin M. Leon Withholds 560 Shares for Taxes
What Happened
Justin M. Leon, Senior Vice President, Corporate Development at ATN International, had 560 shares withheld by the company on 2026-03-25 to satisfy his tax obligation arising from the vesting of previously granted Restricted Stock Units. The withheld shares were valued at $27.92 each, totaling approximately $15,635. This was a tax-withholding (code F) transaction, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-25; Filing date (Form 4): 2026-03-27.
- Price/value: 560 shares at $27.92 each; total ≈ $15,635.
- Shares owned after the transaction: Not specified in the provided filing.
- Footnote: F1 — shares were withheld by the company to pay Mr. Leon’s tax obligation from RSU vesting.
- Timeliness: Filed two days after the transaction (no late filing flagged).
Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not indicate a discretionary sale by the insider. For retail investors, such transactions typically do not convey additional insight into management’s view of the company’s stock beyond the fact that RSUs vested.