Atlanticus insider reports 100,000-share gift
Atlanticus Holdings Corp insider filing shows a charitable stock gift.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Atlanticus Holdings Corp insider filing shows a charitable stock gift. A limited liability company in which reporting person Frank J. Hanna III has a pecuniary interest donated 100,000 shares of Atlanticus common stock to a public charity as a bona fide gift.
Following the gift, that LLC held 3,798,072 shares indirectly. Hanna also reports 263,432 shares held indirectly through a family trust and 19,960 shares held directly. He disclaims beneficial ownership of the LLC-held shares except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 100,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. An LLC in which the reporting person has a pecuniary interest donated 100,000 shares of common stock to a public charity.
- F2. The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- F3. Held by a family trust, the beneficiaries of which are the reporting person and certain members of the reporting person's family.
Key Figures
Key Terms
bona fide gift financial
pecuniary interest financial
disclaims beneficial ownership financial
family trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Atlanticus Holdings Corp (ATLC) report in this Form 4?
What are Frank J. Hanna III’s indirect holdings in Atlanticus (ATLC) after the gift?
AI-generated analysis. How Rhea-AI works. Not financial advice.