Form 4: CEO Jagid Boosts ATLN Stake, Exercises Options

Atlantic International Corp. CEO Jeffrey M. Jagid increased his direct ownership of common stock and received new incentive stock options.

Summary

• Jeffrey M. Jagid, CEO, Director, and 10% Owner of Atlantic International Corp. (ATLN), reported significant changes in his beneficial ownership.
• On January 1, 2026, Mr. Jagid acquired 5,551,223 shares of common stock, par value $0.00001, through the vesting and exercise of restricted stock units (RSUs) awarded under the Issuer's 2025 Omnibus Equity Incentive Plan.
• Of these shares, 1,665,367 were retained by the company to cover tax liabilities, resulting in a net issuance of 3,885,856 shares to Mr. Jagid.
• The shares were valued at $1.33 per share, based on the closing market price on December 31, 2025.
• Following this transaction, Mr. Jagid directly beneficially owns 8,221,025 shares of common stock.
• On January 5, 2026, Mr. Jagid was granted 1,000,000 incentive stock options under the Company's 2025 Equity Incentive Plan.
• These options have an exercise price of $1.33 per share, become exercisable in their entirety on July 5, 2026, and expire on July 5, 2031.
• Following the option grant, Mr. Jagid directly beneficially owns 1,000,000 derivative securities (incentive stock options).

Sentiment

Score: 7

Explanation: The sentiment is positive due to significant insider activity, including increased direct stock ownership and a substantial option grant to the CEO, indicating strong management confidence and alignment with shareholder interests.

Positives

• Increased direct ownership by the CEO and 10% owner, Jeffrey M. Jagid, through the vesting of restricted stock units, aligning management interests with shareholders.
• Grant of 1,000,000 new incentive stock options to the CEO, further incentivizing long-term performance and commitment to the company.

Negatives

• A portion of the RSU shares (1,665,367 shares) were retained by the company to cover tax liabilities, reducing the net shares issued to the reporting person.

Future Outlook

The newly granted incentive stock options for the CEO will become fully exercisable on July 5, 2026, providing a future incentive for performance over the next five years until their expiration in 2031.

Industry Context

Insider transaction reports like Form 4 are routine disclosures for publicly traded companies. This filing indicates active equity compensation and ownership by a key executive, which is generally viewed as a positive signal of management's confidence in the company's future prospects and alignment with shareholder interests.

Corporate Governance

Related Party Transactions

• The transactions involve the CEO, Director, and 10% Owner, Jeffrey M. Jagid, which are considered related party transactions due to his significant role and ownership in the company.

Stakeholder Impact

• Shareholders: Increased insider ownership and option grants to the CEO typically signal management's confidence, which can be viewed positively by shareholders.
• Employees: The use of equity incentive plans demonstrates a structured approach to compensation, potentially impacting employee morale and retention if similar plans are available more broadly.

Next Steps

• Incentive stock options granted on January 5, 2026, will become fully exercisable on July 5, 2026.

Key Dates

Recommendation

The filing indicates significant insider activity with the CEO and 10% owner, Jeffrey M. Jagid, increasing his direct common stock holdings through RSU vesting and receiving a substantial grant of incentive stock options. This demonstrates continued alignment of management's interests with shareholders and confidence in the company's future. While positive, a Form 4 alone does not provide sufficient financial performance data to warrant a 'buy' or 'sell' recommendation, thus a 'hold' is appropriate, with this insider activity noted as a positive indicator.

Keywords

ATLANTIC INTERNATIONAL CORP., ATLN, Jeffrey M Jagid, Form 4, Insider Trading, Stock Option, Restricted Stock Units, Equity Incentive Plan, CEO, Director, 10% Owner