Atlanticus Holdings (ATLC) CAO donates 1,500 shares to charity
Rhea-AI Filing Summary
Atlanticus Holdings Corp executive Mitchell Saunders, Chief Accounting Officer, reported a bona fide gift of 1,500 shares of common stock on 2026-08-14. The filing notes these shares were donated to a public charity. After this charitable transfer, Saunders directly holds 44,773 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,500 shares
Net Sell
1 txn
Insider
Saunders Mitchell
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 1,500 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 44,773 shares (Direct)
Footnotes (1)
- F1. The reporting person donated 1,500 shares of common stock to a public charity.
Key Figures
Shares gifted: 1,500 shares
Price per share: $0.0000
Shares held after transaction: 44,773 shares
+1 more
4 metrics
Shares gifted
1,500 shares
Bona fide gift of Atlanticus common stock on 2026-08-14
Price per share
$0.0000
Reported transaction price per share for the gift
Shares held after transaction
44,773 shares
Direct common stock holdings of Mitchell Saunders following the gift
Gift transactions in filing
1 transaction / 1,500 shares
Aggregate gift activity in this Form 4
Key Terms
bona fide gift, public charity, Chief Accounting Officer
3 terms
bona fide gift regulatory
"The transaction code description is "Bona fide gift""
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.
public charity regulatory
"donated 1,500 shares of common stock to a public charity"
Chief Accounting Officer financial
"Saunders Mitchell serves as Chief Accounting Officer"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
FAQ
What insider transaction did Atlanticus Holdings Corp (ATLC) report for Mitchell Saunders?
Atlanticus’ Chief Accounting Officer, Mitchell Saunders, reported a bona fide gift of 1,500 common shares. According to the filing, these shares were donated to a public charity and were not sold on the market.
What are Mitchell Saunders’ Atlanticus (ATLC) holdings after the reported gift?
Following the gift, Mitchell Saunders directly holds 44,773 shares of Atlanticus common stock. This post-transaction balance is reported explicitly as the total shares following the transaction in the Form 4 data.
Was the Atlanticus (ATLC) insider transaction by Mitchell Saunders a purchase or sale?
The transaction was neither a purchase nor a sale; it is a bona fide gift. The Form 4 classifies it under transaction code G, describing a donation of 1,500 shares to a public charity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
