Form 4: Aterian CEO Sells Shares
Insider Transaction (Form 4)
David E. Lazar, Chief Executive Officer and a Director of Aterian, Inc., sold 2,456,100 shares of common stock on September 24, 2026.
Summary
- Conversion of derivative: acquired 1,300,530 Common Stock on September 24, 2026; holds 8,038,030 after (Direct).
- Open-market sale: disposed of 1,750,000 Series AAA Convertible Non-Redeemable Preferred Stock at $6.70 ($11,730,250) on September 25, 2026 (Direct).
- Open-market sale: disposed of 706,100 Series AA Convertible Non-Redeemable Preferred Stock at $0.38 ($269,730) on September 25, 2026 (Direct).
- Conversion of derivative: disposed of 168,900 Series AA Convertible Non-Redeemable Preferred Stock on September 24, 2026; holds 706,100 after (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $11,999,980 of stock on the open market.
Insider Transactions
David E. Lazar — Director, Officer (Chief Executive Officer), Other (Former 10% Owner)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-24 | Conversion of derivative | Common Stock | 1,300,530 | — | — | 8,038,030 |
| 2026-09-25 | Open-market sale | Series AAA Convertible Non-Redeemable Preferred Stock | 1,750,000 | $7 | $11.7M | 0 |
| 2026-09-25 | Open-market sale | Series AA Convertible Non-Redeemable Preferred Stock | 706,100 | $0 | $269.7K | 0 |
| 2026-09-24 | Conversion of derivative | Series AA Convertible Non-Redeemable Preferred Stock | 168,900 | — | — | 706,100 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-24 | Conversion of derivative (1,300,530 shares) |
| 2026-09-25 | Open-market sale (1,750,000 shares) |
| 2026-09-25 | Open-market sale (706,100 shares) |
| 2026-09-24 | Conversion of derivative (168,900 shares) |
Keywords
insider transaction, Form 4, ATER, Aterian, Inc., bearish, David E. Lazar
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