Atlantic International Corp. (ATLN) insider equity moves disclosed in Form 4
Rhea-AI Filing Summary
Atlantic International Corp. General Counsel Michael Tenore reported equity awards and vesting activity. On January 7, 2026, 1,202,901 shares of common stock vested upon exercise of restricted stock units granted under the company’s 2025 Omnibus Equity Incentive Plan. Of these, 360,870 shares were retained by the company to cover tax liabilities, resulting in a net 842,031 shares issued to Tenore. The shares were valued at $1.33 per share, the closing market price on December 31, 2025. Following this transaction, he directly beneficially owned 1,843,725 common shares.
Separately, on January 5, 2026, Tenore was granted 125,000 incentive stock options at an exercise price of $1.33 per share under the same plan. These options cover 125,000 shares of common stock, become fully exercisable six months from the grant date, and expire on July 5, 2031. The filing characterizes both the restricted stock unit vesting and the option grant as transactions made under the equity incentive plan, rather than discretionary open-market trades.
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FAQ
What insider activity did Atlantic International Corp. (ATLN) report for Michael Tenore?
The General Counsel, Michael Tenore, reported vesting of 1,202,901 shares of common stock from restricted stock units and a grant of 125,000 incentive stock options under the company’s 2025 Omnibus Equity Incentive Plan.
How many Atlantic International (ATLN) shares did Michael Tenore receive net of taxes?
Out of the 1,202,901 vested shares, 360,870 shares were retained by the company to cover tax liabilities, leaving a net 842,031 shares issued to Michael Tenore.
At what price were the Atlantic International (ATLN) vested shares valued?
The vested shares were valued at $1.33 per share, which was the closing market price on December 31, 2025, the previous trading day.
How many Atlantic International (ATLN) shares does Michael Tenore own after these transactions?
After the reported vesting transaction, Michael Tenore beneficially owned 1,843,725 shares of Atlantic International common stock directly.
What are the key terms of Michael Tenore’s 125,000 stock options at Atlantic International (ATLN)?
He was granted 125,000 incentive stock options on January 5, 2026 at an exercise price of $1.33 per share. The options become fully exercisable six months from the grant date and expire on July 5, 2031, with each option corresponding to one share of common stock.
Were Michael Tenore’s Atlantic International (ATLN) equity transactions discretionary trades?
The filing explains that the 1,202,901 shares represent stock vested upon exercise of restricted stock units awarded under the company’s equity plan and states this does not represent a discretionary transaction by the reporting person.