Olivier Puech - 02 Aug 2024 Form 4 Insider Report for AMERICAN TOWER CORP /MA/ (AMT)

Signature
/s/ Marina A. Breed, as attorney-in-fact
Issuer symbol
AMT
Transactions as of
02 Aug 2024
Net transactions value
-$2,333,902
Form type
4
Filing time
06 Aug 2024, 16:52:18 UTC
Previous filing
12 Mar 2024
Next filing
28 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMT Common Stock Sale $34,137 -149 -0.24% $229.11 61,602 02 Aug 2024 Direct F1, F2, F3
transaction AMT Common Stock Sale $6,900 -30 -0.05% $230.00 61,572 02 Aug 2024 Direct F1
transaction AMT Common Stock Sale $719,743 -3,097 -5% $232.40 58,475 02 Aug 2024 Direct F1, F4
transaction AMT Common Stock Sale $897,931 -3,848 -6.6% $233.35 54,627 02 Aug 2024 Direct F1, F5
transaction AMT Common Stock Sale $582,012 -2,485 -4.5% $234.21 52,142 02 Aug 2024 Direct F1, F6
transaction AMT Common Stock Sale $93,179 -396 -0.76% $235.30 51,746 02 Aug 2024 Direct F1, F7
* 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 May 3, 2024.
F2 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $228.94 to $229.26 per share.
F3 Includes 118 shares acquired under the issuer's employee stock purchase plan in May 2024.
F4 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $231.85 to $232.83 per share.
F5 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $232.88 to $233.87 per share.
F6 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $233.91 to $234.77 per share.
F7 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $235.16 to $235.51 per share.