Olivier Puech - 26 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
26 Aug 2024
Net transactions value
-$2,260,763
Form type
4
Filing time
28 Aug 2024, 16:15:33 UTC
Previous filing
06 Aug 2024
Next filing
05 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMT Common Stock Sale $964,007 -4,271 -8.3% $225.71 47,475 26 Aug 2024 Direct F1, F2
transaction AMT Common Stock Sale $938,187 -4,139 -8.7% $226.67 43,336 26 Aug 2024 Direct F1, F3
transaction AMT Common Stock Sale $358,569 -1,578 -3.6% $227.23 41,758 26 Aug 2024 Direct F1, 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 3, 2024.
F2 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $225.14 to $226.11 per share.
F3 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $226.17 to $227.16 per share.
F4 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $227.17 to $227.77 per share.