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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock, $.00001 par value | 1,202,901 | $1.33 | $1.60M |
| Grant/Award | Incentive Stock Options | 125,000 | $1.33 | $166K |
Footnotes (1)
- Represents shares of common stock vested upon exercise of restricted stock units awarded under the Issuer's 2025 Omnibus Equity Incentive Plan (the "Plan") pursuant to Rule 16b-3 under the Securities Exchange Act of 1934 (the "Exchange Act"). This does not represent a discretionary transaction by a reporting person. The total gross shares issued amounted to 1,202,901 shares. 360,870 shares were retained by the Company in order to cover any tax liability, resulting in a net amount of 842,031 being issued to the Reporting Person. These shares were valued at $1.33 per share, the closing market price on December 31, 2025, the previous trading day. These options were granted under the Plan pursuant to Rule 16-b-3 under the Exchange Act. They vest in their entirety six months from the date of grant.
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.
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.