ATN International (ATNI) major holder gifts 12,000 shares and sells 7,000
Rhea-AI Filing Summary
ATN International, Inc. ten percent owner Cornelius B. Prior Jr. reported several changes in holdings of ATNI common stock. He made a bona fide gift of 12,000 shares to a non-profit entity and entities associated with him sold 7,000 shares in open-market transactions on August 10, 2026, including 6,500 shares at a weighted average price of $32.4943. Following these transactions, he holds 3,982,303 shares directly, plus indirect holdings including 500 shares held by his wife and 8,227 shares held by Tropical Aircraft Co.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,000 shares
Net Sell
5 txns
Insider
PRIOR CORNELIUS B JR
Role
10% Owner
Sold
7,000 shs ($228K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 12,000 | $0.00 | $0.00 |
| Sale | Common Stock F2 | 6,500 | $32.4943 | $211K |
| Sale | Common Stock | 500 | $33.25 | $17K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,982,303 shares (Direct);
Common Stock — 66,936 shares (Indirect, By VI E-Cell Tropical Telecom Ltd);
Common Stock — 500 shares (Indirect, By: Wife);
Common Stock — 8,227 shares (Indirect, By Tropical Aircraft Co.)
Footnotes (2)
- F1. Represents a bona fide gift of 12,000 shares from the reporting person to a non-profit entity.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.10 to $33.00, inclusive. The reporting person undertakes to provide to ATN International, Inc., any security holder of ATN International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Shares gifted: 12,000 shares
Shares sold: 7,000 shares
Weighted average sale price: $32.4943 per share
+4 more
7 metrics
Shares gifted
12,000 shares
Bona fide gift of common stock to a non-profit entity
Shares sold
7,000 shares
Total ATNI common shares sold on August 10, 2026 via VI E-Cell Tropical Telecom Ltd
Weighted average sale price
$32.4943 per share
Price for 6,500 shares sold in multiple transactions between $32.10 and $33.00
Additional sale price
$33.25 per share
Price for an additional 500 ATNI shares sold
Direct holdings after transactions
3,982,303 shares
ATNI common shares held directly by Cornelius B. Prior Jr. following the gift
Indirect holdings by wife
500 shares
ATNI common shares indirectly held by the reporting person through his wife
Indirect holdings by Tropical Aircraft Co.
8,227 shares
ATNI common shares indirectly held through Tropical Aircraft Co.
Key Terms
bona fide gift, weighted average price, ten percent owner, indirect ownership
4 terms
bona fide gift financial
"Represents a bona fide gift of 12,000 shares from the reporting person"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner financial
"Reporting person is indicated as a ten percent owner of the issuer."
indirect ownership financial
"Indirect ownership noted as By VI E-Cell Tropical Telecom Ltd and other entities."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did ATNI ten percent owner Cornelius B. Prior Jr. report?
Cornelius B. Prior Jr. reported a bona fide gift of 12,000 ATNI shares to a non-profit and sales totaling 7,000 shares in open-market transactions on August 10, 2026, through an associated entity.
Was the ATNI insider’s Form 4 trading done under a Rule 10b5-1 plan?
The Form 4 for ATNI indicates the Rule 10b5-1 checkbox is not marked as affirming a trading plan. The sales and gift on August 10, 2026 are therefore not disclosed as made under a Rule 10b5-1 plan in this filing.