Atlas Energy Solutions (AESI) CFO uses 4,736 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlas Energy Solutions Chief Financial Officer Benjamin Blake McCarthy reported a Form 4 showing 4,736 shares of common stock withheld at $18.87 per share to satisfy tax withholding obligations upon vesting of restricted stock units. After this tax-withholding disposition, he directly holds 183,854 shares of Atlas Energy Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCarthy Benjamin Blake
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,736 | $18.87 | $89K |
Holdings After Transaction:
Common Stock — 183,854 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 4,736 shares
Per-share value: $18.87 per share
Shares held after transaction: 183,854 shares
+2 more
5 metrics
Shares withheld for taxes
4,736 shares
Withheld upon RSU vesting for tax obligations
Per-share value
$18.87 per share
Value applied to withheld shares
Shares held after transaction
183,854 shares
Direct common stock holdings after tax withholding
Transaction code
F
Payment of tax liability by delivering securities
Tax withholding shares
4,736 shares
transactionSummary taxWithholdingShares
Key Terms
restricted stock units, tax withholding obligations, Form 4, Chief Financial Officer
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
"Atlas Energy Solutions Chief Financial Officer Benjamin Blake McCarthy reported a Form 4 showing 4,736 shares of common stock withheld"
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.
Chief Financial Officer financial
"Atlas Energy Solutions Chief Financial Officer Benjamin Blake McCarthy reported a Form 4"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
FAQ
What did Atlas Energy Solutions (AESI) CFO report in this Form 4?
The CFO reported a tax-withholding disposition of 4,736 shares of common stock. These shares were withheld to cover taxes due when restricted stock units vested, rather than being sold in the open market.
Was this Atlas Energy Solutions (AESI) Form 4 an open-market sale by the CFO?
No, the Form 4 reflects a tax-withholding event, not an open-market sale. Shares were withheld by the company upon restricted stock unit vesting solely to cover the CFO’s tax liability, according to the filing footnote.