Frank Kenneth R 4

What Happened

• Kenneth R. Frank, a director of American Tower (AMT), was granted 1,209 restricted stock units (RSUs) on March 10, 2026. The reported acquisition price is $0.00, so the grant had no cash cost to him at issuance and the reported value is $0.

Key Details

• Transaction date: 2026-03-10; Filing date: 2026-03-12 (filed within the typical two-business-day window).
• Grant: 1,209 RSUs @ $0.00 per unit; total reported cash consideration = $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The RSUs were granted under the 2007 Equity Incentive Plan and vest on March 10, 2027. Each RSU is a contingent right to one share of common stock (F1).
• Transaction code: A (award/grant).

Context

• This is a compensation award (not a market purchase or sale). RSUs are contingent rights that generally convert to actual shares only upon vesting; they do not represent immediate open-market buying interest. The grant is a routine form of equity compensation for executives and directors.