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Atlas Energy (NYSE: AESI) chair reports 277,778-share award, large indirect stakes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Atlas Energy Solutions Inc. executive chairman Ben M. Brigham reported an acquisition of 277,778 shares of common stock on March 4, 2026. These shares resulted from performance share units granted in March 2023 that vested based on absolute and relative shareholder return and Return on Capital Employed over a three-year period, and were settled at $0.00 per share under the company’s long‑term incentive plan.

After this award, Brigham directly holds 850,175 shares of common stock. He also has indirect interests, including 10,526,880 shares held by Anne and Bud Oil & Gas Vested LLC, 1,564,346 shares held by Brigham Children's Family LP, and 2,518,721 shares held by Anne and Bud Oil & Gas Unvested LLC, where he may share voting or disposition power and disclaims beneficial ownership except for any pecuniary interest. An additional 54,388 shares are held by his spouse as her sole and separate property, which he fully disclaims.

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Insider BRIGHAM BEN M
Role Executive Chairman
Type Security Shares Price Value
Grant/Award Common Stock 277,778 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 850,175 shares (Direct); Common Stock — 10,526,880 shares (Indirect, See footnote)
Footnotes (1)
  1. Award of performance share units ("PSUs") pursuant to the Atlas Energy Solutions Inc. Long Term Incentive Plan. The award vested on March 4, 2026, subject to certified performance and authorized settlement by the Compensation Committee of the Issuer with respect to PSUs originally granted on March 13, 2023, which vested based on the Issuer's absolute and relative shareholder return and Return on Capital Employed Performance over a three year period. Includes 10,526,880 shares of common stock held by Anne and Bud Oil & Gas Vested, LLC ("Anne and Bud Vested") of which Mr. Brigham may be deemed to share the right to direct the voting or disposition of the shares held thereby as the manager of Anne and Bud Vested. Mr. Brigham disclaims beneficial ownership of the shares held by Anne and Bud Vested except to the extent of his pecuniary interest therein, if any. Includes 1,564,346 shares of common stock held by Brigham Children's Family LP ("Brigham Children's LP") of which Mr. Brigham may be deemed to share the right to direct the voting or disposition of the shares held thereby as the co-manager of BCFP GP, LLC, which is the general partner of Brigham Children's LP. Mr. Brigham disclaims beneficial ownership of the shares held by Brigham Children's LP except to the extent of his pecuniary interest therein, if any. Includes 2,518,721 shares of common stock held by Anne and Bud Oil & Gas Unvested, LLC ("Anne and Bud Unvested") of which Mr. Brigham may be deemed to share the right to direct the voting or disposition of the shares held thereby as the manager of Anne and Bud Unvested. Mr. Brigham disclaims beneficial ownership of the shares held by Anne and Bud Unvested except to the extent of his pecuniary interest therein, if any. Includes 54,388 shares of common stock held by Mr. Brigham's spouse as her sole and separate property. Mr. Brigham has no right title interest in, and disclaims all ownership interest in, these shares.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
BRIGHAM BEN M

(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 X 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman
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 03/04/2026 A 277,778(1) A $0 850,175 D
Common Stock 10,526,880 I See footnote(2)
Common Stock 1,564,346 I See footnote(3)
Common Stock 2,518,721 I See footnote(4)
Common Stock 54,388 I See footnote(5)
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
Explanation of Responses:
1. Award of performance share units ("PSUs") pursuant to the Atlas Energy Solutions Inc. Long Term Incentive Plan. The award vested on March 4, 2026, subject to certified performance and authorized settlement by the Compensation Committee of the Issuer with respect to PSUs originally granted on March 13, 2023, which vested based on the Issuer's absolute and relative shareholder return and Return on Capital Employed Performance over a three year period.
2. Includes 10,526,880 shares of common stock held by Anne and Bud Oil & Gas Vested, LLC ("Anne and Bud Vested") of which Mr. Brigham may be deemed to share the right to direct the voting or disposition of the shares held thereby as the manager of Anne and Bud Vested. Mr. Brigham disclaims beneficial ownership of the shares held by Anne and Bud Vested except to the extent of his pecuniary interest therein, if any.
3. Includes 1,564,346 shares of common stock held by Brigham Children's Family LP ("Brigham Children's LP") of which Mr. Brigham may be deemed to share the right to direct the voting or disposition of the shares held thereby as the co-manager of BCFP GP, LLC, which is the general partner of Brigham Children's LP. Mr. Brigham disclaims beneficial ownership of the shares held by Brigham Children's LP except to the extent of his pecuniary interest therein, if any.
4. Includes 2,518,721 shares of common stock held by Anne and Bud Oil & Gas Unvested, LLC ("Anne and Bud Unvested") of which Mr. Brigham may be deemed to share the right to direct the voting or disposition of the shares held thereby as the manager of Anne and Bud Unvested. Mr. Brigham disclaims beneficial ownership of the shares held by Anne and Bud Unvested except to the extent of his pecuniary interest therein, if any.
5. Includes 54,388 shares of common stock held by Mr. Brigham's spouse as her sole and separate property. Mr. Brigham has no right title interest in, and disclaims all ownership interest in, these shares.
Remarks:
Member of 10% owner group
/s/ Ben M. Brigham, 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did AESI’s Ben M. Brigham report on this Form 4?

Ben M. Brigham reported acquiring 277,778 Atlas Energy common shares on March 4, 2026. The shares came from vested performance share units under the company’s long term incentive plan, adding to his existing direct and indirect holdings in the company.

How many Atlas Energy (AESI) shares were granted to Ben M. Brigham?

Ben M. Brigham received 277,778 shares of Atlas Energy common stock. These shares were issued at $0.00 per share when performance share units granted on March 13, 2023 vested based on shareholder return and Return on Capital Employed over a three‑year period.

What performance conditions triggered Ben M. Brigham’s Atlas Energy share award?

The award vested based on Atlas Energy’s absolute and relative shareholder return and Return on Capital Employed measured over a three‑year period. After performance was certified and settlement authorized by the compensation committee, the performance share units converted into 277,778 common shares.

What are Ben M. Brigham’s indirect holdings in Atlas Energy (AESI)?

Indirect interests include 10,526,880 shares via Anne and Bud Oil & Gas Vested LLC, 1,564,346 via Brigham Children's Family LP, and 2,518,721 via Anne and Bud Oil & Gas Unvested LLC. He may share voting or disposition power and disclaims beneficial ownership except for any pecuniary interest.

How many Atlas Energy shares does Ben M. Brigham’s spouse hold and how are they treated?

Ben M. Brigham’s spouse holds 54,388 Atlas Energy common shares as her sole and separate property. The filing states that Mr. Brigham has no right, title, or interest in these shares and disclaims all ownership interest in them.

What is Ben M. Brigham’s role at Atlas Energy Solutions and how many shares does he hold directly?

Ben M. Brigham serves as Executive Chairman of Atlas Energy Solutions Inc. Following the March 4, 2026 performance share unit vesting, his direct ownership stands at 850,175 shares of common stock reported as directly held on the Form 4.