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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,000 shares
Net Buy
2 txns
Insider
Rogers Douglas G
Role
Director
Bought
7,000 shs ($93K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,000 | $13.266 | $93K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,000 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
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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.
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.
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.