Atlas Energy (NYSE: AESI) director reports stock buy and RSUs

Rhea-AI Filing Summary

Atlas Energy Solutions Inc. director Douglas G. Rogers reported buying 7,000 shares of common stock on May 14, 2025 in an open‑market purchase at a weighted average price of $13.266 per share, bringing his directly held common stock to 10,000 shares.

This amended Form 4 also discloses Rogers’ beneficial ownership of 12,536 shares of common stock underlying restricted stock units awarded on March 13, 2025. Under an Outside Compensation Agreement, when these RSUs vest the underlying shares must be transferred for no consideration to The Sealy & Smith Foundation, and Rogers disclaims beneficial ownership beyond his pecuniary interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rogers Douglas G

(Last) (First) (Middle)

5918 W. COURTYARD DRIVE

SUITE 500

(Street)

AUSTIN TX 78730

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlas Energy Solutions Inc. [ AESI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
05/16/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/14/2025		P		7,000	A	$13.266(1)	10,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)							(2)	(2)	Common Stock	0		12,536(3)	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.2632 to $13.2691 inclusive. The reporting person undertakes to provide to Atlas Energy Solutions Inc., any security holder of Atlas Energy Solutions Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

2. On May 16 2025, the Reporting Person filed a Form 4, which inadvertently failed to report the Reporting Person's beneficial ownership of the 12,536 shares of Common Stock underlying the restricted stock units awarded to the Reporting Person on March 13, 2025. This amended Form 4 is being filed for the purpose of disclosing such information. The Reporting Person disclaims beneficial ownership of shares of Common Stock in excess of his pecuniary interest therein, if any.

3. The Reporting Person disclaims beneficial ownership of the shares of Common Stock underlying the RSUs except to the extent of his pecuniary interest therein, if any. Pursuant to the Outside Compensation Agreement dated as of November 15, 2023 between Reporting Person and The Sealy & Smith Foundation, a charitable foundation (the "Foundation"), upon the vesting of such RSUs, the Reporting Person will be required to transfer the underlying shares of Common Stock to the Foundation for no consideration.

Remarks:

Member of 10% owner group

	/s/ Douglas G. Rogers, by Dathan C. Voelter, as Attorney-in-Fact	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Douglas G. Rogers report for Atlas Energy Solutions (AESI)?

Douglas G. Rogers reported an open-market purchase of 7,000 shares of Atlas Energy Solutions common stock. The weighted average purchase price was $13.266 per share, increasing his directly held common stock position to 10,000 shares after the transaction.

On what date did the Atlas Energy Solutions (AESI) director buy 7,000 shares and at what price?

The purchase occurred on May 14, 2025, when Douglas G. Rogers bought 7,000 shares of Atlas Energy Solutions common stock. The reported weighted average purchase price was approximately $13.266 per share, based on multiple trades within a narrow price range.

Why was an amended Form 4 filed for Atlas Energy Solutions (AESI) director Douglas G. Rogers?

The amended Form 4 was filed to disclose Rogers’ beneficial ownership of 12,536 shares of common stock underlying restricted stock units awarded on March 13, 2025. A prior Form 4 inadvertently failed to report these RSUs, prompting this corrective amendment and added disclosure.

How many restricted stock unit (RSU) shares are tied to Douglas G. Rogers at Atlas Energy Solutions (AESI)?

Rogers is reported as having beneficial ownership of 12,536 shares of Atlas Energy Solutions common stock underlying restricted stock units. These RSUs were awarded on March 13, 2025, and the disclosure clarifies his interest while noting important transfer obligations at vesting.

What is the relationship between Douglas G. Rogers’ RSUs in AESI and The Sealy & Smith Foundation?

Under an Outside Compensation Agreement with The Sealy & Smith Foundation, Rogers must transfer the shares underlying his RSUs to the Foundation for no consideration when they vest. He disclaims beneficial ownership of these RSU shares beyond his pecuniary interest, if any.

Does Douglas G. Rogers disclaim any beneficial ownership of Atlas Energy Solutions (AESI) RSU shares?

Yes. Rogers disclaims beneficial ownership of Atlas Energy Solutions common stock underlying his RSUs except to the extent of his pecuniary interest, if any. The disclosure emphasizes that vested RSU shares are required to be transferred to The Sealy & Smith Foundation without consideration.