Atlas Energy Solutions Inc. (AESI) officer details PSU vesting and share sale

Rhea-AI Filing Summary

Atlas Energy Solutions Inc. reported insider equity activity involving a company officer and member of a 10% owner group. On 11/18/2025, the insider acquired 34,736 shares of common stock at a price of $0, reflecting accelerated vesting of performance stock units in connection with the termination of the insider’s employment with Atlas Energy Solutions Inc. and its affiliates. After this vesting, the insider held 603,057 shares.

On the same date, the insider sold 52,150 shares of common stock at a weighted average price of $8.82 per share to cover taxes due upon the vesting of performance stock units and restricted stock units. Following these transactions, the insider directly owned 550,907 shares of Atlas Energy Solutions Inc. common stock. The filing notes that the insider is a member of a 10% owner group.

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^*

Scholla Chris

(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)

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 10% Owner Group

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

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	11/18/2025		A		34,736(1)	A	$0	603,057	D
Common Stock	11/18/2025		S		52,150(2)	D	$8.82	550,907	D

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. Represents accelerated vesting of performance stock units ("PSUs") in connection with the termination of the Reporting Person's employment with Atlas Energy Solutions Inc. and its affiliates.

2. Represents shares sold to pay taxes due upon the vesting of PSUs and restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.21 to $8.98 inclusive. The reporting person undertakes to provide to Atlas Energy Solutions Inc., any security holder of Atlas Energy Solutions Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

Remarks:

Member of 10% owner group.

	/s/ Chris Scholla, by Dathan C. Voelter as Attorney in Fact	12/29/2025
	** 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 transactions were reported for Atlas Energy Solutions Inc. (AESI)?

The filing reports that on 11/18/2025 an insider acquired 34,736 shares of Atlas Energy Solutions Inc. common stock at $0 through accelerated vesting of performance stock units and sold 52,150 shares at a weighted average price of $8.82 to pay taxes related to vesting.

Why did the Atlas Energy Solutions Inc. (AESI) insider receive 34,736 shares at $0?

The 34,736 shares represent accelerated vesting of performance stock units in connection with the termination of the reporting person’s employment with Atlas Energy Solutions Inc. and its affiliates, resulting in shares being acquired at a price of $0.

Why did the Atlas Energy Solutions Inc. (AESI) insider sell 52,150 shares?

The insider sold 52,150 shares of Atlas Energy Solutions Inc. common stock to pay taxes due upon the vesting of performance stock units and restricted stock units. These shares were sold at a weighted average price of $8.82 per share, based on multiple trades between $8.21 and $8.98.

How many Atlas Energy Solutions Inc. (AESI) shares does the insider own after these transactions?

After the reported transactions on 11/18/2025, the insider directly beneficially owned 550,907 shares of Atlas Energy Solutions Inc. common stock.

What is the insider’s relationship to Atlas Energy Solutions Inc. (AESI)?

The filing identifies the reporting person as an officer of Atlas Energy Solutions Inc. and a member of a 10% owner group with respect to the company’s equity securities.

How was the $8.82 price for the AESI insider sale calculated?

The reported price of $8.82 per share is a weighted average price. The 52,150 shares were sold in multiple transactions at prices ranging from $8.21 to $8.98, inclusive.