Atlas Energy (NYSE: AESI) 10% owners donate 90,866 shares, retain 800,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlas Energy Solutions Inc. ten percent owners Stacy and Joel Hock reported a charitable gift of 90,866 shares of Common Stock. The filing notes this was a bona fide gift to a donor-advised fund. After the donation, they jointly own 800,000 shares with shared voting and investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,866 shares gifted
Mixed
1 txn
Insider
Hock Stacy, Hock Joel
Role
null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 90,866 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 800,000 shares (Direct, null)
Footnotes (1)
- Represents shares that the Reporting Persons donated as a bona fide gift to a charitable donor-advised fund. The reported shares are owned jointly by the Reporting Persons, Stacy and Joel Hock, who share voting and investing power over such shares.
Key Figures
Shares gifted: 90,866 shares
Shares held after transaction: 800,000 shares
Gift transaction price: $0.00 per share
+1 more
4 metrics
Shares gifted
90,866 shares
Bona fide gift of common stock
Shares held after transaction
800,000 shares
Joint holdings by Stacy and Joel Hock after gift
Gift transaction price
$0.00 per share
Charitable gift, no sale proceeds
Gift shares count (summary)
90,866 shares
GiftShares in transactionSummary
Key Terms
bona fide gift, donor-advised fund, ten percent owner, voting and investing power
4 terms
bona fide gift financial
"Represents shares that the Reporting Persons donated as a bona fide gift to a charitable donor-advised fund."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor-advised fund financial
"donated as a bona fide gift to a charitable donor-advised fund."
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
ten percent owner financial
"is_ten_percent_owner: 1, other: "Member of 10% Owner Group""
voting and investing power financial
"who share voting and investing power over such shares."
FAQ
What insider transaction did Atlas Energy Solutions (AESI) report on this Form 4?
The Form 4 reports that Stacy and Joel Hock made a bona fide gift of 90,866 shares of Atlas Energy Solutions common stock. This was a charitable donation rather than a market sale, so no price was involved in the transfer.
Who are Stacy and Joel Hock in relation to Atlas Energy Solutions (AESI)?
Stacy and Joel Hock are each identified as a ten percent owner of Atlas Energy Solutions. The filing states they own the reported shares jointly and share both voting and investment power over those shares after the reported gift transaction.
Was the Atlas Energy Solutions (AESI) Form 4 transaction a market sale or purchase?
No, the Form 4 describes a bona fide gift, not a market trade. The transaction code is “G” for gift, with a per-share price of zero, indicating a charitable transfer rather than a sale or open-market purchase of Atlas Energy Solutions shares.