Rodney M. Smith - 13 Feb 2025 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
13 Feb 2025
Net transactions value
-$1,576,182
Form type
4
Filing time
18 Feb 2025, 16:05:35 UTC
Previous filing
17 Jan 2025
Next filing
03 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMT Common Stock Options Exercise $1,566,836 +16,568 +26% $94.57 79,360 13 Feb 2025 Direct
transaction AMT Common Stock Sale $2,854,272 -15,051 -19% $189.64 64,309 13 Feb 2025 Direct F1, F2
transaction AMT Common Stock Sale $288,746 -1,517 -2.4% $190.34 62,792 13 Feb 2025 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMT Option to Purchase Common Stock Options Exercise $0 -16,568 -100% $0.000000 0 13 Feb 2025 Common Stock 16,568 $94.57 Direct F4
* 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 13, 2024.
F2 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $189.14 to $190.08 per share.
F3 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $190.23 to $190.44 per share.
F4 This option was granted pursuant to the 2007 Equity Incentive Plan, as amended, and is exercisable in 25% cumulative annual increments beginning March 10, 2016.