Director of Atlas Energy (NYSE: AESI) receives 22,200 RSUs for board service

Rhea-AI Filing Summary

Rogers Douglas G reported acquisition or exercise transactions in this Form 4 filing.

Atlas Energy Solutions Inc. director Douglas G. Rogers reported an award of 22,200 restricted stock units (RSUs) on March 4, 2026 under the company’s Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of common stock and vests in full on the first anniversary of the grant date, subject to continued service and any permitted acceleration.

Following this RSU grant, Rogers reported 34,736 RSUs held directly and 10,000 shares of common stock held directly. Under an Outside Compensation Agreement with The Sealy & Smith Foundation, once these RSUs vest, the underlying common shares must be transferred to the charitable foundation for no consideration, and Rogers disclaims beneficial ownership of those underlying shares except to the extent of any 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)
03/04/2026

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

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								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	(1)	03/04/2026		A(2)		22,200		(3)	(3)	Common Stock	22,200	$0	34,736(4)	D

Explanation of Responses:

1. Each restricted stock unit ("RSUs") represents the contingent right to receive one share of Common Stock.

2. Award of RSUs pursuant to the Atlas Energy Solutions Inc. Long Term Incentive Plan ("Plan").

3. Awards of RSUs pursuant to the Plan vest in full on the first anniversary of the grant date, subject to continued service through the vesting date, and unless accelerated vesting of a particular award is authorized by the Committee (as defined in the Plan).

4. 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.
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** 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 Atlas Energy Solutions (AESI) director Douglas G. Rogers report?

Douglas G. Rogers reported receiving 22,200 restricted stock units (RSUs). The RSUs were granted on March 4, 2026 under the Atlas Energy Solutions Inc. Long Term Incentive Plan and represent a contingent right to receive an equal number of common shares.

How do the new restricted stock units for AESI’s Douglas G. Rogers vest?

The 22,200 RSUs vest in full on the first anniversary of the grant date. Vesting is subject to Rogers’ continued service through that vesting date, unless the plan’s committee authorizes accelerated vesting for a particular award under the Long Term Incentive Plan.

What are Douglas G. Rogers’ reported holdings in Atlas Energy Solutions after this Form 4?

After the grant, Rogers reported 34,736 RSUs and 10,000 common shares held directly. The RSUs each correspond to one potential common share, subject to vesting conditions and the separate agreement requiring transfer of vested shares to a foundation.

What is the role of The Sealy & Smith Foundation in Douglas G. Rogers’ AESI RSUs?

Vested shares from Rogers’ RSUs must be transferred to The Sealy & Smith Foundation. Under an Outside Compensation Agreement, once RSUs vest, the underlying common shares are required to be transferred to this charitable foundation for no consideration from the foundation.

Does Douglas G. Rogers claim full beneficial ownership of the AESI shares underlying his RSUs?

Rogers disclaims beneficial ownership of the common shares underlying the RSUs. He notes an exception only to the extent of any pecuniary interest, reflecting the requirement to transfer vested shares to The Sealy & Smith Foundation under the Outside Compensation Agreement.

What is the economic cost per share for the RSUs granted to AESI director Douglas G. Rogers?

The RSUs were granted at a stated price of $0.0000 per unit. This indicates they are part of a compensation award rather than an open-market purchase, consistent with the characterization as a grant or award acquisition under the Long Term Incentive Plan.