Atlas Energy Solutions (AESI) insider has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlas Energy Solutions Inc. insider Ginn Kirk Edwards reported a routine tax-related share disposition. On the vesting of restricted stock units, 1,134 shares of common stock were withheld at $16.69 per share to cover tax obligations. This was not an open-market sale. After this withholding, Edwards directly holds 559,317 shares of Atlas Energy Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ginn Kirk Edwards
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,134 | $16.69 | $19K |
Holdings After Transaction:
Common Stock — 559,317 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 1,134 shares
Tax withholding price: $16.69 per share
Shares held after transaction: 559,317 shares
+1 more
4 metrics
Shares withheld for taxes
1,134 shares
Withheld upon RSU vesting to satisfy tax obligations
Tax withholding price
$16.69 per share
Value applied to withheld Atlas Energy Solutions common shares
Shares held after transaction
559,317 shares
Direct Atlas Energy Solutions common stock ownership following withholding
Tax-withholding dispositions
1 transaction, 1,134 shares
Summary of tax-withholding activity in this Form 4
Key Terms
restricted stock units, tax withholding obligations, Form 4, 10% Owner Group
4 terms
restricted stock units financial
"Reflects shares withheld upon vesting of restricted stock units to satisfy tax withholding obligations."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Reflects shares withheld upon vesting of restricted stock units to satisfy tax withholding obligations."
Form 4 regulatory
"This post-transaction holding figure is reported in the Form 4 and shows that the withheld amount was small relative to the remaining position."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
10% Owner Group regulatory
"Member of 10% Owner Group"
FAQ
What insider transaction did AESI 10% owner Ginn Kirk Edwards report?
Ginn Kirk Edwards reported a tax-related disposition where 1,134 AESI common shares were withheld. The withholding occurred upon vesting of restricted stock units to satisfy tax obligations, rather than through an open-market sale of shares.
Was the Atlas Energy Solutions (AESI) insider transaction a stock sale?
No, the AESI transaction was not an open-market sale. Shares were withheld to cover tax liabilities when restricted stock units vested, a common administrative mechanism rather than a discretionary decision to sell stock in the market.
What does the Form 4 footnote say about the AESI insider transaction?
The footnote explains that the reported shares reflect stock withheld upon vesting of restricted stock units. The purpose was to satisfy tax withholding obligations, clarifying that the transaction relates to compensation administration rather than a market sale decision.