Masters Charles 4
Research Summary
AI-generated summary
Atmus (ATMU) Senior VP Charles Masters Receives Award
What Happened
- Charles Masters, Senior Vice President of Atmus Filtration Technologies (ATMU), was granted/awarded 21,152 shares on 2026-02-13. The filing reports an acquisition at $0.00 (award), so the reported dollar value of the transaction is $0.
- These are performance-based share units (PSUs) tied to 2023 performance metrics and will convert 1:1 into common stock once they vest.
Key Details
- Transaction date: 2026-02-13; Filing date (Form 4): 2026-02-17 — filing appears timely.
- Transaction type/code: A (Award/Grant/Other acquisition).
- Shares awarded: 21,152; Price reported: $0.00; Reported transaction value: $0.
- Post-transaction shares owned: Not specified in the Form 4 filing.
- Footnote: The shares reflect achievement of performance metrics of the 2023 PSU award; the PSUs cliff vest on March 1, 2026 and convert 1:1 into common stock.
- No tax-withholding, sale, or 10b5-1 plan noted in the filing.
Context
- This was an equity award (PSUs), not an open-market purchase or sale. PSUs are conditional — they only become actual shares if performance and vesting conditions are met (cliff vesting date here is March 1, 2026).
- Awards at $0.00 are routine compensation and do not by themselves indicate immediate buying or selling intent; the economic value will depend on Atmus’s share price when/if the PSUs convert to common stock.