ATI Director Sells Over $1 Million in Shares

David Morehouse cuts stake in specialty materials company by nearly 15%

Mar. 12, 2026 at 2:04pm

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ATI Inc. (NYSE:ATI) Director David Morehouse sold 6,609 shares of the company's stock on March 9th at an average price of $154.25, totaling over $1 million. The sale represented a 14.76% decrease in Morehouse's stake, leaving him with 38,168 shares. The transaction was disclosed in an SEC filing.

Why it matters

Insider transactions, especially large sales, can provide insight into management's views on a company's prospects. Morehouse's sale, while relatively small compared to his overall holdings, may signal some caution about ATI's near-term outlook despite the company's recent strong financial performance and positive guidance.

The details

ATI beat Q4 2025 earnings expectations and issued upbeat FY2026 and Q1 2026 guidance. The company also announced a new $500 million share repurchase program, representing up to 2.5% of outstanding shares. ATI's stock has traded in a wide 52-week range of $39.23 to $168.14, recently closing around $149.

  • Morehouse sold the 6,609 shares on March 9, 2026.

The players

David Morehouse

A director on the board of ATI Inc., a global manufacturer of specialty materials and complex components.

ATI Inc.

A publicly traded company that produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings for aerospace, defense, oil and gas, and other industrial end markets.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

Insider transactions can provide valuable signals about a company's prospects, though the reasons behind them are not always clear. Investors should consider Morehouse's sale in the context of ATI's overall financial performance and outlook, as well as broader market and industry trends.