Atlantic International (ATLN) director gets 500K RSUs, shares vested
Rhea-AI Filing Summary
Atlantic International Corp. insider Andrew Bressman reported the grant and vesting of 500,000 restricted stock units (RSUs) on January 5, 2026, which were exercised into 500,000 shares of common stock at a value of $1.33 per share, the closing market price on December 31, 2025. After this transaction, he beneficially owns 7,003,971 shares of Atlantic International common stock directly.
The RSUs were issued under the company’s 2025 Omnibus Equity Incentive Plan pursuant to Rule 16b-3 and were granted under a consulting agreement between the issuer and SAB Management LLC, where Bressman is Manager. The filing states this was not a discretionary transaction by the reporting person, and the RSUs vested in full on the grant date.
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FAQ
What insider transaction did ATLN report for Andrew Bressman?
Andrew Bressman reported receiving 500,000 restricted stock units (RSUs) on January 5, 2026, which vested and were exercised into 500,000 shares of Atlantic International common stock at a value of $1.33 per share.
How many Atlantic International (ATLN) shares does Andrew Bressman own after this Form 4?
Following the reported transaction, Andrew Bressman beneficially owns 7,003,971 shares of Atlantic International Corp. common stock in direct ownership.
What was the price used for the 500,000 ATLN RSUs and resulting shares?
The 500,000 RSUs and resulting common shares were valued at $1.33 per share, which the filing identifies as the closing market price on December 31, 2025.
Under what plan were the ATLN RSUs granted to Andrew Bressman?
The RSUs were awarded under Atlantic International’s 2025 Omnibus Equity Incentive Plan pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
Were the 500,000 ATLN RSUs part of a discretionary trade by the insider?
No. The filing explains that the 500,000 RSUs and resulting shares do not represent a discretionary transaction by the reporting person; they reflect vesting under a pre-existing award.
What role does SAB Management LLC play in the ATLN RSU grant?
The RSUs were granted under a Consulting Agreement between Atlantic International and SAB Management LLC, of which Andrew Bressman is the Manager. The RSUs vested in full on the grant date.
What are the key dates and terms of the ATLN derivative award reported?
The RSUs were granted and became exercisable on January 5, 2026, with an expiration date of January 4, 2031, and were tied to 500,000 underlying common shares at a derivative price of $1.33.