WETHERBEE ROBERT S 4

What Happened

• Robert S. Wetherbee, Executive Chairman and Director of ATI Inc. (ATI), reported multiple open-market transactions in February 2026. On Feb 17, 2026 he sold 12,435 shares at a weighted average $144.01 ($1,790,764) and 8,403 shares at a weighted average $145.17 ($1,219,864), and acquired 28,724 shares at $146.07 ($4,195,715). Separately, on Feb 10, 2026 he sold 10,438 shares at a weighted average $146.67 ($1,530,941).
• In aggregate from the reported trades he sold 31,276 shares for about $4.54M and bought 28,724 shares for about $4.20M, a net disposition of 2,552 shares (i.e., slightly more sold than purchased). Sales are often routine (including planned trades); the Feb 17 acquisition is a purchase (more indicative of positive personal demand).

Key Details

• Dates and reported prices:
  • 2026-02-17: Sold 12,435 @ $144.01 (weighted avg; total $1,790,764). Footnote indicates range $143.45–$144.45.
  • 2026-02-17: Sold 8,403 @ $145.17 (weighted avg; total $1,219,864). Footnote indicates range $144.48–$145.47.
  • 2026-02-17: Acquired 28,724 @ $146.07 (total $4,195,715).
  • 2026-02-10: Sold 10,438 @ $146.67 (weighted avg; total $1,530,941). Footnotes indicate price ranges for related sales up to ~$146.88.
• Footnotes: Some sales were executed pursuant to a 10b5-1 trading plan (dated Aug 15, 2025). Several sale prices are reported as weighted averages with per-trade price ranges noted in the filing; the reporting person will provide per-price details on request.
• Shares owned after the transactions: Not specified in the provided excerpt of the filing.
• Filing timeliness: Report filed Feb 19, 2026 reporting transactions through Feb 17, 2026 — within the Form 4 filing window (not indicated as late).

Context

• 10b5-1 plans are pre-arranged trading plans and are commonly used for scheduled dispositions; such sales are generally considered routine rather than an immediate signal of changed sentiment.
• Purchases are often seen as more informative than sales; here Wetherbee both bought (28,724 shares) and sold (31,276 shares) in the same period, resulting in a small net sale.
• This summary is factual and based on the reported Form 4 details; it does not speculate on motives. If you want, I can fetch the full Form 4 text to confirm post-transaction holdings or map each footnote to its specific transaction.