SCHEDULE: CEO Jagid's Atlantic Intl. Stake Update

Atlantic International Corp. CEO Jeffrey Jagid updates his beneficial ownership, detailing share awards and transfers following recent corporate actions.

Summary

• Jeffrey Jagid beneficially owns 7,221,025 shares of Atlantic International Corp. common stock, representing 11.6% of the outstanding shares.
• This ownership is based on 58,375,488 shares issued and outstanding as of August 8, 2025.
• His initial shares (3,735,169) were received on June 18, 2024, as part of an Executive Employment Agreement following the merger with SeqLL Inc., which subsequently changed its name to Atlantic International Corp.
• 2,885,856 restricted stock units (RSUs) issued in error on January 2, 2025, were returned to the Issuer.
• An additional 1,000,000 restricted shares were awarded by the Board of Directors on August 11, 2025, as part of a review of senior management equity compensation following the acquisition of Lyneer Investments LLC.
• On August 11, 2025, Mr. Jagid gifted 200,000 shares each to his two brothers, Jonathan Jagid and Joshua Jagid, in transactions exempt from Section 16(b) regulation.

Sentiment

Score: 7

Explanation: The filing is primarily a factual disclosure of beneficial ownership changes. The correction of erroneously issued shares and the award of new shares to the CEO based on a prior agreement are positive indicators of corporate governance and management alignment, without revealing any negative operational or financial news.

Positives

• The Board of Directors awarded an additional 1,000,000 restricted shares to CEO Jeffrey Jagid, indicating confidence and fulfilling a commitment to review senior management equity compensation within one year of the Lyneer Investments LLC acquisition.
• Erroneously issued 2,885,856 RSU shares were promptly returned to the Issuer, demonstrating good corporate governance and accuracy in share management.

Future Outlook

No specific forward-looking statements or guidance on company performance are provided. The reporting person states there are no plans or proposals that would result in significant corporate actions such as liquidation, merger, or changes in control.

Management Comments

• No criminal proceedings to be disclosed.
• No civil proceedings to be disclosed.
• There are no plans or proposals which the reporting person has which may result in any of the matters listed.

Industry Context

This filing is a routine disclosure of insider ownership changes, common across all publicly traded industries. It does not provide specific industry trends or competitive analysis.

Comparison to Industry Standards

• This filing is a standard regulatory disclosure of beneficial ownership as required by the SEC. It does not contain financial results or operational metrics that would allow for a direct comparison to industry-specific benchmarks or comparable companies/projects.

Corporate Governance

Legal Proceedings

• No criminal proceedings involving Jeffrey Jagid.
• No civil proceedings involving Jeffrey Jagid.

Related Party Transactions

• Jeffrey Jagid gifted 200,000 shares of common stock to each of his two brothers, Jonathan Jagid and Joshua Jagid, on August 11, 2025. These transactions were exempt from regulation under Section 16(b).

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant insider's ownership stake and changes, including share awards and transfers, which can influence investor perception of management alignment. The correction of erroneously issued shares benefits all shareholders by ensuring accurate share count.
• Management/Employees: CEO Jeffrey Jagid's compensation package was updated with an additional 1,000,000 restricted shares, potentially boosting morale and retention for senior management.

Key Dates

Recommendation

This Schedule 13D filing primarily provides an update on an insider's beneficial ownership and related transactions, such as share awards and gifts. It does not contain information about the company's financial performance, strategic direction, or operational results that would warrant a 'buy' or 'sell' recommendation. The details provided, such as the correction of erroneously issued shares and the board's decision to award additional equity to the CEO, are generally neutral to slightly positive from a governance perspective, but do not fundamentally alter the investment thesis for the company. Therefore, a 'hold' recommendation is appropriate as there's no new information to change an existing position.

Keywords

Atlantic International Corp, Jeffrey Jagid, beneficial ownership, Schedule 13D, common stock, executive compensation, share awards, insider holdings