Adtran Holdings CFO Acquires Shares Through Vesting of Restricted Stock Units

Timothy P. Santo, the Chief Financial Officer of Adtran Holdings, Inc., acquired 3,610 shares in the company due to the vesting of 5,111 Restricted Stock Units.

Mar. 24, 2026 at 9:37am

Got story updates? Submit your updates here. ›

Timothy P. Santo, the Chief Financial Officer of Adtran Holdings, Inc., has acquired 3,610 shares in the company due to the vesting of 5,111 Restricted Stock Units that were granted to him on March 19, 2025 as part of the 2024 Employee Stock Incentive Plan. 1,501 shares were withheld by the company to cover taxes.

Why it matters

This transaction is part of Adtran's executive compensation program, which aims to align the interests of company leadership with those of shareholders through the use of equity-based awards. The vesting of these Restricted Stock Units provides an incentive for Santo to continue driving Adtran's success.

The details

Santo acquired 3,610 shares in Adtran Holdings, Inc. (ISIN US00486H1059) at a price of $11.90 per share, for a total transaction value of $42,959. This was due to the vesting of 5,111 Restricted Stock Units that were granted to him on March 19, 2025 under the company's 2024 Employee Stock Incentive Plan. Adtran Holdings, Inc. withheld 1,501 shares to cover the taxes associated with the vesting.

  • The Restricted Stock Units were granted to Timothy P. Santo on March 19, 2025.
  • The shares were acquired by Santo on March 19, 2026.

The players

Timothy P. Santo

The Chief Financial Officer of Adtran Holdings, Inc.

Adtran Holdings, Inc.

An American telecommunications equipment company that designs, manufactures and markets network access solutions for communications service providers.

Got photos? Submit your photos here. ›

The takeaway

This transaction demonstrates Adtran's commitment to aligning the interests of its executive leadership with those of shareholders through the use of equity-based compensation. The vesting of these Restricted Stock Units provides an incentive for the CFO to continue driving the company's success.