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.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 22,200 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit ("RSUs") represents the contingent right to receive one share of Common Stock. Award of RSUs pursuant to the Atlas Energy Solutions Inc. Long Term Incentive Plan ("Plan"). 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). 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.