Form 4: Atlanticus Holdings Corp: Chief Accounting Officer Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Mitchell Saunders, Chief Accounting Officer of Atlanticus Holdings Corp, reports the disposal of 119 shares of common stock to cover tax obligations related to a restricted stock award.
Summary
- On March 18, 2024, Mitchell Saunders, the Chief Accounting Officer of Atlanticus Holdings Corporation, reported a transaction involving the disposal of 119 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations upon the vesting of a restricted stock award.
- The price per share was $30.11.
- Following the transaction, Saunders beneficially owns 66,977 shares of Atlanticus Holdings Corporation.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, which is common when restricted stock awards vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Closing price of Atlanticus Holdings Corporation common stock used to calculate tax withholding. |
| 03/18/2024 | Date of the stock disposal transaction. |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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