ATN International (NASDAQ: ATNI) foundation plans 5,000-share sale
Rhea-AI Filing Summary
ATN International, Inc. (ATNI) received a Rule 144 notice relating to a proposed sale of its common shares. The Prior Family Foundation DTD 6/9/06, for whose account the securities are to be sold, plans to sell 5,000 common shares of ATN International through UBS Financial Services Inc. on NASDAQ.
The notice states that Cornelius B. Prior Jr. is an over 10% stakeholder and control person of ATN International, Inc. and is also a member of the Prior Family Foundation. The filing also lists multiple prior open-market sales of ATN International common shares over the past three months by VI E-Cell Tropical Telecom Ltd and the Prior Family Foundation.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 5,000 shares
Approximate market value of shares to be sold: $155,000
Shares outstanding (context): 15,400,000 shares
+3 more
6 metrics
Shares to be sold
5,000 shares
Common shares of ATN International, Inc. proposed for sale under Rule 144
Approximate market value of shares to be sold
$155,000
Aggregate market value of the 5,000 common shares covered by the notice
Shares outstanding (context)
15,400,000 shares
Number of ATN International common shares outstanding reported in the securities information section
Past sale on 06/12/2026
19,100 shares for $534,036
Common share sale by VI E-Cell Tropical Telecom Ltd on 06/12/2026
Past sale on 08/19/2026
10,000 shares for $318,692
Common share sale by VI E-Cell Tropical Telecom Ltd on 08/19/2026
Foundation sale on 08/17/2026
5,000 shares for $157,070
Common share sale by Prior Family Foundation on 08/17/2026
Key Terms
Rule 144, control person, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
control person regulatory
"an over 10% stakeholder and control person of ATN International Inc."
A control person is an individual or entity that can significantly influence a company’s decisions and direction through ownership, voting power, or contractual rights—think of them as the captain who can steer the ship. Investors care because a control person’s choices affect corporate strategy, board appointments, and transactions that can raise or lower a stock’s value, and they often carry additional legal responsibilities and disclosure requirements to protect other shareholders.
attorney-in-fact regulatory
"as attorney-in-fact for Prior Family Foundation DTD 6/9/06"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
Who is the selling security holder in ATNI’s Form 144 filing?
The selling security holder is the Prior Family Foundation DTD 6/9/06. The filing notes that Cornelius B. Prior Jr., an over 10% stakeholder and control person of ATN International, is a member of the Prior Family Foundation, which is selling the shares.
What is Cornelius B. Prior Jr.’s relationship to ATN International (ATNI) in this filing?
The filing states that Cornelius B. Prior Jr. is an over 10% stakeholder and a control person of ATN International, Inc. It also notes that he is a member of the Prior Family Foundation, for whose account the ATNI shares are being sold.
When was the Form 144 notice for ATNI dated and which broker is named?
The date of the Rule 144 notice is 08/20/2026. The named broker handling the proposed sale is UBS Financial Services Inc., listed in the section describing the common shares to be sold on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.