PRIOR MICHAEL T 4
4 · ATN International, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
ATN (ATNI) Exec Chairman Michael Prior Sells Shares for Taxes
What Happened
Michael T. Prior, Executive Chairman and Director of ATN International (ATNI), had a total of 6,877 shares disposed through withholding to satisfy tax obligations from vested restricted stock units (RSUs). The company withheld 2,191 shares on 2026-03-12 at $24.65 ($54,008) and 4,686 shares on 2026-03-13 at $24.49 ($114,760), for a combined value of approximately $168,768. These were tax-withholding disposals (not open-market sales).
Key Details
- Transaction dates and prices:
- 2026-03-12: 2,191 shares withheld @ $24.65 — $54,008
- 2026-03-13: 4,686 shares withheld @ $24.49 — $114,760
- Total shares withheld: 6,877; total value ≈ $168,768.
- Shares owned after the transactions: not disclosed in the provided filing.
- Footnotes: F1 — shares were withheld by the company to satisfy Mr. Prior’s tax obligation arising from the vesting of previously granted RSUs. F2 refers to an existing footnote (1) in the filing.
- Filing timeliness: Form filed 2026-03-27 for transactions on 2026-03-12 and 2026-03-13 — the filing appears late relative to the usual 2-business-day Form 4 reporting requirement.
Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and differs from an open-market sale that might signal an insider’s view of the stock. This transaction reflects tax withholding on compensation-related vesting rather than a discretionary trade; retail investors should treat it as administrative rather than a directional insider buy/sell signal.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-12$24.65/sh−2,191$54,008→ 581,213 total - Tax Payment
Common Stock
[F2]2026-03-13$24.49/sh−4,686$114,760→ 576,527 total
- 128,847(indirect: By Trust)
Common Stock
- 8,141(indirect: By Trust)
Common Stock
- 7,741(indirect: By Trust)
Common Stock
- 8,041(indirect: By Trust)
Common Stock
- 7,982(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents shares withheld by the Company for payment of Mr. Prior's tax obligation arising from the vesting of previously granted Restricted Stock Units.
- [F2]Refer to existing footnote (1)