ATLC major holder sells 25,000 shares
Atlanticus Holdings Corp large shareholder Frank J. Hanna III reported selling a total of 25,000 shares of common stock in open-market transactions through an LLC over three days.
Rhea-AI Filing Summary
Atlanticus Holdings Corp large shareholder Frank J. Hanna III reported selling a total of 25,000 shares of common stock in open-market transactions through an LLC over three days. Sales included 1,005 shares at $105.00 on June 29, 8,319 shares at $103.08 on June 30, and 15,676 shares at $104.26 on July 1.
After these trades, the LLC’s indirect holdings stood at 3,773,072 shares. Separate holding entries show 263,432 shares held by a family trust benefiting Hanna and family members, and 19,960 shares held directly. Hanna disclaims beneficial ownership of certain indirectly held securities beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,676 | $104.26 | $1.63M |
| Sale | Common Stock | 8,319 | $103.08 | $858K |
| Sale | Common Stock | 1,005 | $105.00 | $106K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. This transaction was executed in multiple trades at prices ranging from $103.00 and $106.54. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3. This transaction was executed in multiple trades at prices ranging from $103.00 and $106.08. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4. 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
open-market sale financial
beneficial ownership financial
pecuniary interest financial
family trust financial
indirect ownership financial
FAQ
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What insider transaction did ATLC major holder Frank J. Hanna III report?
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