Robert S. Wetherbee - 03 Jan 2025 Form 4 Insider Report for ATI INC (ATI)

Reporting relationship: Executive Chairman, Director
Issuer ticker: ATI
Reported as of: 03 Jan 2025
Net transaction value: -$7,612,125
SEC form: 4
Accepted by SEC: 07 Jan 2025, 16:44:52 UTC
Prior SEC filing: 06 Jan 2025
Next SEC filing: 16 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Amanda J. Skov, Attorney-in-Fact for Robert S. Wetherbee

Key filing fact

Robert S. Wetherbee filed Form 4 for ATI INC (ATI) on 07 Jan 2025.

Key facts

This page summarizes Robert S. Wetherbee's Form 4 filing for ATI INC (ATI).
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 07 Jan 2025, 16:44.

Change

Previous filing in this sequence was filed on 06 Jan 2025.
Current net transaction value: -$7,612,125.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ATI transaction

Common Stock, par value $0.10 per share

Award

Transaction value: $0
Shares: +17,822
Change %: +4.1%
Price: $0.000000
Shares after: 454,265
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F1, F2

ATI transaction

Common Stock, par value $0.10 per share

Tax liability

Transaction value: $510,327
Shares: -9,144
Change %: -2%
Price: $55.81
Shares after: 445,121
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F3, F4

ATI transaction

Common Stock, par value $0.10 per share

Tax liability

Transaction value: $710,197
Shares: -12,541
Change %: -2.8%
Price: $56.63
Shares after: 432,580
Date: 06 Jan 2025
Ownership: Direct
Footnotes: F5, F6

ATI transaction

Common Stock, par value $0.10 per share

Award

Transaction value: $0
Shares: +286,824
Change %: +66%
Price: $0.000000
Shares after: 719,404
Date: 06 Jan 2025
Ownership: Direct
Footnotes: F7

ATI transaction

Common Stock, par value $0.10 per share

Tax liability

Transaction value: $6,391,602
Shares: -112,866
Change %: -16%
Price: $56.63
Shares after: 606,538
Date: 06 Jan 2025
Ownership: Direct
Footnotes: F6, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Award of restricted stock units, which are settled in shares of stock upon vesting. The award vests on the first anniversary of the grant date.

Footnote F2

Awarded under the Issuer's 2022 Incentive Plan.

Footnote F3

Shares withheld for payment of taxes on restricted stock units awarded in 2023 and 2024. One third of each such award vested by the terms thereof on January 3, 2025.

Footnote F4

Represents the average of the high and low trading prices for one share of the Issuer's Common Stock on the New York Stock Exchange ("NYSE") on January 3, 2025

Footnote F5

Shares withheld for the payment of taxes on restricted stock units awarded in 2022. On third of such award vested by its terms on January 6, 2025.

Footnote F6

Represents the average of the high and low trading prices for one share of the Issuer's stock on the NYSE on January 6, 2025.

Footnote F7

Settlement of performance-vested restricted stock units that were granted in 2022, the vesting of which was contingent upon the Issuer's total shareholder return relative to a specified peer group during the period from January 1, 2022 through December 31, 2024 (the "2022-2024 PSUs"). The shares underlying the 2022-2024 PSUs became payable as of January 6, 2025 following certification of the Issuer's achievement of the relevant performance criteria by the Compensation and Leadership Development Committee of the Issuer's Board of Directors.

Footnote F8

Shares withheld for the payment of taxes in connection with the settlement of the 2022-2024 PSUs.