Form 4: Atlas Energy Solutions Executive Sells Shares to Cover Taxes
SEC Form 4 Filing
Jeffrey L. Allison, EVP of Sales & Marketing at Atlas Energy Solutions, sold 1,547 shares of common stock on March 15, 2024, to cover taxes due upon the vesting of restricted stock units.
Summary
- On March 15, 2024, Jeffrey L. Allison, an Executive Vice President at Atlas Energy Solutions Inc., sold 1,547 shares of the company's common stock.
- The shares were sold at a price of $22.5 per share.
- This transaction was executed to cover tax obligations arising from the vesting of restricted stock units.
- Following the transaction, Allison directly owns 132,518 shares of Atlas Energy Solutions Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction. It doesn't inherently convey positive or negative sentiment, as it simply reports a factual event.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of the stock sale transaction. |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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