American Tower SVP Sells 5,000 Shares for $894,450
Written by John Ballard for The Motley Fool -> The sale of 5,000 shares realized $894,450 at a weighted-average price of $178.89 per share on July 29, 2026. The disposition reduced the insider's diโฆ
The sale of 5,000 shares realized $894,450 at a weighted-average price of $178.89 per share on July 29, 2026.
The disposition reduced the insider's direct common stock position by 19%.
Following the transaction, Meyer maintains direct ownership of 21,428 shares, representing a market value of ~$3.84 million.
The transaction was executed following a -13.3% one-year total return for the stock as of the July 29, 2026 transaction date.
Robert Joseph Meyer, SVP & Advisor to the CFO at American Tower Corporation (NYSE:AMT) , sold 5,000 shares of common stock on July 29, 2026, as disclosed by a recent SEC Form 4 filing .
Transaction value based on SEC Form 4 weighted average sale price ($178.89); post-transaction value based on July 29, 2026, market close ($179.26).
American Tower Corporation is one of the world's largest independent owners and operators of multitenant communications real estate, with a market capitalization of $80.8 billion and trailing-12-month revenues of $10.9 billion.
The company maintains a competitive advantage through its extensive global portfolio of communications sites and long-term tenant relationships that generate stable, recurring revenue streams.
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