Atlantic Intl SEC Filings

Atlantic International Corp.’s Chief Financial Officer Kevin J. Murphy filed an initial ownership report showing 400,000 incentive stock options beneficially owned as of February 2, 2026. The options were granted under the company’s 2025 Equity Incentive Plan and are held directly.

The options have an exercise price of $3.46 per share, equal to the closing market price on January 30, 2026. They vest over four years, with 25% vesting on the first anniversary of the grant date and the remaining 75% vesting in three equal annual installments, contingent on Mr. Murphy’s continued employment.

Atlantic International Corp. has appointed Kevin J. Murphy, CPA, as its Chief Financial Officer effective upon his execution of an executive employment agreement dated February 2, 2026. Murphy brings more than 27 years of experience in finance, operations, and private equity–backed businesses, most recently serving as Executive VP and Division CFO at Hospitality Staffing Solutions.

Under the agreement, Murphy will receive a base salary of $375,000 per year and can earn a performance-based annual bonus of $200,000 based on mutually agreed goals. He was granted 400,000 stock options with a five-year term, vesting over four years, and the company plans to evaluate a potential additional equity grant around August 2, 2026. The contract includes severance, accelerated vesting on certain terminations or a change of control, continued health coverage for some scenarios, and post-employment non-competition and non-solicitation covenants.

Atlantic International Corp. completed the acquisition of Dutch IT staffing firm Circle8 Group, which generated approximately US $780 million in unaudited 2025 revenue. The purchase price includes 12,516,070 Atlantic shares, equal to 19.99% of shares outstanding at closing, plus a $161,961,751.20 convertible note issuable into 53,291,744 shares, subject to stockholder approval.

Axiom may also receive a one-time profit payment based on Circle8’s 2025 results and a US $2.5 million bonus if 2026 revenue exceeds €600 million. Guus Franke becomes Executive Chairman under a five-year agreement with an $800,000 base salary and transaction bonuses, while CEO Jeffrey Jagid and General Counsel Michael Tenore receive extended terms, higher pay and enhanced bonuses. The company also issued 4,000,000 unregistered shares to EF Hutton as a transaction fee.

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.

Atlantic International Corp. disclosed that strategic adviser Andrew Bressman has filed an amended Schedule 13D reporting beneficial ownership of 7,003,971 shares of common stock, representing 11.9% of the company’s outstanding shares as of January 5, 2026. He has sole voting and dispositive power over all of these shares.

The filing notes that Bressman received 500,000 restricted stock units (RSUs) on January 5, 2026 under a consulting agreement, and that these RSUs are exercisable on the grant date. The stake is held in connection with a merger agreement and his consulting role, and he states that he does not currently have plans for major corporate actions such as mergers, asset sales, or changes in control. The filing also states there are no other contracts or arrangements regarding the issuer’s securities.

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.

Atlantic International Corp. filed an amended Schedule 13D showing that CEO and director Jeffrey Jagid beneficially owns 8,221,025 shares of common stock, representing 13.8% of the company based on 58,525,488 shares outstanding as of January 1, 2026.

Jagid holds sole voting and dispositive power over these shares. On January 1, 2026, 5,551,223 shares vested from previously granted restricted stock units under the 2025 Omnibus Equity Incentive Plan; 1,665,367 shares were withheld to cover tax liabilities, and 3,885,856 net shares were issued to him. On January 5, 2026, the board granted him incentive stock options for 1,000,000 shares at an exercise price of $1.33 per share, exercisable in full six months from the grant date.