Form 4: Richard W. Schmidt Reports Sale of Atlas Energy Solutions Inc. Shares

Richard W. Schmidt, a member of a 10% owner group of Atlas Energy Solutions Inc., reports the sale of 166,710 shares of common stock at an average price of $21.942.

Summary

• On March 15, 2024, Richard W. Schmidt sold 166,710 shares of Atlas Energy Solutions Inc. common stock.
• The shares were sold at a weighted average price of $21.942.
• The price range for the sales was between $21.93 and $22.18.
• Following the transaction, Schmidt directly owns 308,039 shares and indirectly owns 1,140,596 shares through Schmidt Atlas LLC.
• Schmidt is a director and a member of a 10% owner group of Atlas Energy Solutions Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about an insider transaction.

Industry Context

This filing reflects insider trading activity, which is a common occurrence and is closely monitored by regulators and investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The sale of shares by a significant shareholder could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the overall market capitalization of Atlas Energy Solutions Inc.

Key Dates