Robert D. Hormats - Oct 16, 2023 Form 4 Insider Report for AMERICAN TOWER CORP /MA/ (AMT)

Role
Director
Signature
/s/ Marina A. Breed, as attorney-in-fact
Stock symbol
AMT
Transactions as of
Oct 16, 2023
Transactions value $
-$24,959
Form type
4
Date filed
10/18/2023, 04:10 PM
Previous filing
Oct 4, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMT Common Stock Sale -$25K -150 -2.11% $166.39 6.94K Oct 16, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 27, 2023.