Rodney M. Smith - 17 Feb 2026 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
17 Feb 2026
Net transactions value
-$3,344,091
Form type
4
Filing time
19 Feb 2026, 16:07:36 UTC
Previous filing
12 Mar 2025
Next filing
27 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Smith Rodney M EVP, CFO & Treasurer 222 BERKELEY STREET, BOSTON /s/ Marina A. Breed, as attorney-in-fact 19 Feb 2026 0001807541

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMT Common Stock Options Exercise $3,252,436 +34,341 +46% $94.71 108,655 17 Feb 2026 Direct F1
transaction AMT Common Stock Sale $397,070 -2,086 -1.9% $190.35 106,569 17 Feb 2026 Direct F2, F3
transaction AMT Common Stock Sale $1,837,826 -9,596 -9% $191.52 96,973 17 Feb 2026 Direct F2, F4
transaction AMT Common Stock Sale $4,361,438 -22,658 -23% $192.49 74,315 17 Feb 2026 Direct F2, F5
transaction AMT Common Stock Sale $193 -1 -0% $193.13 74,314 17 Feb 2026 Direct F2

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 -34,341 -100% $0.000000 0 17 Feb 2026 Common Stock 34,341 $94.71 Direct F6
* 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 Includes 93 and 26 shares acquired under the issuer's employee stock purchase plan in May 2025 and in November 2025, respectively.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2025.
F3 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $189.93 to $190.88 per share.
F4 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $191.06 to $192.00 per share.
F5 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $192.13 to $193.00 per share.
F6 This option was granted pursuant to the 2007 Equity Incentive Plan, as amended, and is exercisable in 25% cumulative annual increments beginning March 10, 2017.