Welcome to our dedicated page for Atlanticus Holdings SEC filings (Ticker: ATLC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Atlanticus Holdings Corporation's SEC filings reveal the financial mechanics of consumer lending to credit-constrained borrowers. As a credit card issuer and installment lender operating through bank partnerships, the company's regulatory disclosures detail portfolio performance, funding structures, and risk management practices essential to evaluating its business.
The company's 10-K annual reports break down loan portfolio composition by product type, vintage, and credit quality. These filings explain how Atlanticus structures bank partnerships to originate loans, the economics of securitization facilities that fund operations, and the specific credit metrics used to underwrite borrowers outside traditional lending criteria. Investors analyzing subprime lenders need to understand allowance for credit loss calculations and how charge-off rates compare across different loan cohorts.
Quarterly 10-Q filings track evolving portfolio performance as economic conditions change. Origination volumes, delinquency trends, and funding costs fluctuate with labor markets and interest rate environments. Our AI summaries highlight key metrics buried in financial footnotes, identifying when credit quality deteriorates or funding spreads compress margins. This saves hours manually comparing quarter-over-quarter changes across complex accounting schedules.
Form 8-K filings announce material events like securitization closings, warehouse facility amendments, or acquisition completions. These reports detail the specific terms of financing arrangements that determine profitability. Understanding whether the company refinanced on favorable terms or faced tightening credit conditions provides insight into competitive positioning and investor confidence in the business model.
Proxy statements filed on Form DEF 14A disclose executive compensation structures and their alignment with shareholder interests. In consumer lending, examining whether management compensation ties to credit quality metrics versus pure origination volume reveals how incentives balance growth against risk management.
Form 4 insider transaction filings show when executives and directors buy or sell shares. Significant insider purchases may signal confidence in upcoming results, while sales could indicate planned liquidity events or concern about business conditions. Tracking these transactions provides additional context beyond public statements.
Atlanticus Holdings Corp insider David G. Hanna reported a charitable stock gift involving the company’s common shares. On 12/11/2025, an LLC in which he has a pecuniary interest donated 10,000 shares of common stock to a public charity, recorded as a gift under transaction code G at a reported price of $0 per share.
After this transaction, his reported beneficial ownership includes 3,563,072 shares held indirectly through an LLC, 284,392 shares held directly, and 325,000 shares held indirectly through a trust. The filing states that he disclaims beneficial ownership of these indirect holdings except to the extent of his economic interest.
Atlanticus Holdings (ATLC) reported an insider transaction by its CFO. On 11/11/2025, the officer exercised 1,000 stock options at $15.3 per share (code M). To cover the option exercise price and taxes, 512 shares were withheld (code F) at a reported price of $51.5. Following these transactions, the officer directly owned 132,337 shares. Additional holdings were reported as 585,016 shares indirectly by an LLC and 18,000 shares indirectly by spouse.
Atlanticus Holdings (ATLC) insider filing: the Chief Accounting Officer reported transactions on 11/10/2025. The executive exercised 1,000 employee stock options (Code M) at an exercise price of $15.30 per share, then had 591 shares withheld (Code F) at $50.75 to cover the option exercise price and tax obligations. Following these transactions, the executive directly owned 51,975 shares of common stock. The option position reported in the filing shows 0 derivative securities remaining after the exercise; the option had vested in three equal installments on November 11 of 2021, 2022, and 2023.
Atlanticus Holdings (ATLC): President & CEO and Director Jeffrey A. Howard reported an option exercise on 11/07/2025 (Form 4, code M). He acquired 1,000 shares of common stock at an exercise price of $15.30 per share. Following the transaction, his directly held common stock totaled 613,949 shares. The employee stock option covered 1,000 underlying shares and showed 0 derivative securities remaining afterward. The option vested in three equal installments on November 11, 2021, 2022, and 2023, with an expiration date of 11/11/2025.
Atlanticus Holdings (ATLC) reported Q3 2025 results and closed the Mercury Financial acquisition. Total operating revenue was $495.3 million, up from $351.0 million a year ago, driven by higher consumer loan and fee income. Net income attributable to common shareholders was $22.7 million, or $1.21 diluted EPS ($1.50 basic). For the nine months, net income to common was $79.0 million, or $4.21 diluted EPS.
Scale expanded sharply. Total assets reached $7.08 billion at September 30, 2025, versus $3.27 billion at December 31, 2024, as loans at fair value grew to $6.35 billion. The company issued additional senior notes, taking senior notes, net, to $702.4 million and notes payable, net, to $5.33 billion.
Mercury acquisition adds near‑prime card platform. On September 11, Atlanticus acquired Mercury for approximately $166.5 million in cash, adding about 1.3 million serviced accounts, $3.2 billion in receivables, and $2.8 billion in collateralized debt. From closing through quarter‑end, Mercury contributed $49.9 million of revenue and a $7.0 million net loss. Shares outstanding were 15,141,530 as of October 31, 2025.
Atlanticus Holdings Corp. (ATLC) insider David G. Hanna reported Form 4 activity. On 10/23/2025, he exercised an employee stock option for 1,000 shares of common stock at an exercise price of $15.3 per share, increasing his directly held common stock to 284,392 shares following the transaction.
The filing also lists additional beneficial ownership held indirectly: 3,573,072 shares by an LLC and 325,000 shares by a trust, as disclosed. The report further notes a prior entry dated 04/08/2025 reflecting 19,960 shares acquired at a stated price of $0 under transaction code “W.”
Atlanticus Holdings Corporation completed a definitive acquisition of Mercury Financial LLC through its subsidiary Mercury Finance Acquisitions, LLC, adding approximately 1.3 million credit card accounts and about $3.2 billion in credit card receivables. The initial purchase price was approximately $162 million, funded with the Companys cash on hand and subject to customary post-closing adjustments based on adjusted net asset value.
The Purchase Agreement provides the Seller an opportunity to receive earn-out payments over up to three years equal to 75% of the amount by which managed receivables charge-offs are below agreed-upon levels. The Purchaser obtained buy-side representations and warranties insurance to cover material breaches subject to policy limits, exclusions and deductibles. The agreement also includes customary indemnities and post-closing restrictive covenants limiting solicitation of certain employees.
Atlanticus Holdings Corporation completed a private offering of $400,000,000 aggregate principal amount of 9.750% Senior Notes due 2030. The company intends to use net proceeds to repay balances under its recourse warehouse facilities, for general corporate purposes including funding future portfolio and business acquisitions and to fund partial or full repayment of its 6.125% Senior Notes due 2026, and to pay offering fees and expenses. The Notes bear interest at 9.750% payable semi-annually on March 1 and September 1 beginning March 1, 2026, are senior unsecured and are unconditionally guaranteed by certain domestic subsidiaries. The Indenture includes customary redemption provisions, a make-whole premium for redemptions prior to September 1, 2027, an equity-tender redemption feature (up to 40% at 109.750% prior to September 1, 2027), a 101% repurchase on a Change of Control, customary covenants limiting certain indebtedness, dividends, liens and other actions, and customary events of default.
Insider sale reported by Deal W. Hudson, a director of Atlanticus Holdings Corp (ATLC). On 08/13/2025 Mr. Hudson sold 2,000 shares of ATLC common stock in multiple trades at prices ranging from $62.14 to $62.64, with a weighted average sale price of $62.39. After the transactions he beneficially owns 61,092 shares, held directly. The Form 4 provides an undertaking to supply trade-by-trade quantities on request. This disclosure is a routine Section 16 filing showing a small block sale by an insider while retaining a materially larger stake.
Atlanticus Holdings Corporation (ATLC) filed a Form 144 reporting a proposed sale of 2,000 common shares through Merrill Lynch (Atlanta). The filing lists an aggregate market value of $124,789.30 for the shares and shows 15,125,449 common shares outstanding, indicating the proposed sale represents a very small fraction of total equity.
The shares were acquired on 12/16/2018 upon vesting of a stock award from Atlanticus Holdings Corporation and are described as a compensatory payment. The filing gives an approximate sale date of 08/13/2025. No other securities sales in the past three months were reported and no additional material terms or conditions are disclosed in the notice.
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