American Tower Appoints Kristen M. Ludgate to Board & Declares $1.79 Quarterly Dividend

Executive Summary

On September 18, 2026, American Tower Corporation filed a Form 8-K disclosing two corporate developments: the election of Kristen M. Ludgate to its Board of Directors and the declaration of the company's regular quarterly common stock dividend.

Key Disclosures

1. Board of Directors Appointment (Item 5.02)

• Appointee: Kristen M. Ludgate
• Role: Director and member of the Compensation and Human Capital Committee, effective September 17, 2026.
• Term: Serves until the 2027 Annual Meeting of Stockholders.
• Background:
  • Former Chief People Officer of HP Inc. (2021–2025).
  • Over 15 years at 3M Company, including executive roles as EVP & Chief Human Resources Officer and SVP, Communications and Enterprise Services.
  • Current board member and Chair of the Compensation and Benefits Committee at Associated Banc-Corp; former board member at OpenText Corporation.
• Compensation: Standard non-employee director compensation.

2. Quarterly Dividend Declaration (Item 8.01)

• Dividend Amount: $1.79 per share in cash.
• Record Date: Close of business on September 30, 2026.
• Payable Date: October 20, 2026.

Governance & Market Assessment

• Governance Impact: The addition of Ms. Ludgate brings senior human capital, governance, executive compensation, and organizational transformation expertise to the Board.
• Trading Significance: Low. This is routine corporate governance and distribution reporting consistent with normal REIT operations.