ADTRAN Holdings Inc.

11/20/2024 | Press release | Distributed by Public on 11/20/2024 14:30

EQS-DD: Adtran Holdings, Inc.: Thomas R. Stanton, Acquisition of 21,043 shares in ADTRAN Holdings, Inc. (ISIN US00486H1059) due to the vesting of 37,816 Restricted Stock Units[...]


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

20.11.2024 / 21:28 CET/CEST
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name
Title:
First name: Thomas R.
Last name(s): Stanton

2. Reason for the notification

a) Position / status
Position: Chief Executive Officer and Chairman of the Board of Directors

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name
Adtran Holdings, Inc.

b) LEI
549300VV36J86CRRWF77

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code
Type: Share
ISIN: US00486H1059

b) Nature of the transaction
Acquisition of 21,043 shares in ADTRAN Holdings, Inc. (ISIN US00486H1059) due to the vesting of 37,816 Restricted Stock Units (granted November 17, 2021) pursuant to the 2020 Employee Stock Incentive Plan. 16,773 shares in ADTRAN Holdings, Inc. (ISIN US00486H1059) were withheld by ADTRAN Holdings, Inc. to cover the taxes.

c) Price(s) and volume(s)
Price(s) Volume(s)
7.75 USD 163083.25 USD

d) Aggregated information
Price Aggregated volume
7.75 USD 163083.25 USD

e) Date of the transaction
17/11/2024; UTC−6

f) Place of the transaction
Outside a trading venue


20.11.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language: English
Company: Adtran Holdings, Inc.
901 Explorer Boulevard
35806 Huntsville
United States
Internet: www.adtran.com

End of News EQS News Service

95449 20.11.2024 CET/CEST