Khoury Naji 4

What Happened

• Naji Khoury, CEO of ATN International (ATNI), was granted two equity awards on 2026-04-24: 36,853 restricted stock units (RSUs) and 36,853 performance-based restricted stock units (PSUs). Both grants show an acquisition price of $0.00 (awards, not purchases or sales). Upon vesting, each unit converts to one share of common stock (subject to the PSU performance multiplier).

Key Details

• Transaction date: 2026-04-24; filing date: 2026-04-28 (timely).
• Price: $0.00 per unit (award grants; code A).
• Grant totals: 36,853 time‑based RSUs + 36,853 PSUs = 73,706 target units.
• Time‑based RSU vesting: four equal installments on April 24 of 2027, 2028, 2029 and 2030. (F1)
• PSU terms: PSUs are earned based on relative total shareholder return (TSR) vs. the Russell 2000, using 40‑day average pricing; payout may range from 0% to 150% of target. (F2, F3)
• Derivative/contingent: PSUs are contingent performance awards (derivative disclosure).
• Shares owned after transaction: not specified in this filing.

Context

• These were awards (not purchases or sales), so they do not reflect an immediate cash investment or disposition by the CEO. The PSUs are performance‑contingent and may result in fewer or more shares (0–150% payout) at the end of the performance period (Mar 17, 2026–Mar 16, 2029). Time‑based RSUs vest annually over four years.