LANGFORD A LANCE 4
Research Summary
AI-generated summary
Atlas Energy Solutions (AESI) 10% Owner Lance Langford Receives Award
What Happened
- Lance Langford (identified as a 10% owner) received an award of 24,218 shares (reported as an award/acquisition, code A) on 2026-03-04. The grant price is $0.00 (no cash paid); filing shows $0 value at grant.
- Footnote F1 states these are restricted stock units under the company's Long Term Incentive Plan and will vest in full on the first anniversary of the grant date, subject to continued service. This is an award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (appears timely).
- Price: $0.00 per share; reported transaction value: $0.
- Shares received: 24,218 RSUs that vest in full one year after grant (subject to service).
- Shares owned after transaction: not specified in this filing.
- Notable footnotes: F1 = RSU award and vesting schedule; F2 & F3 = references to securities held in BLL Financial Trust and ALL Financial Trust with disclaimed beneficial ownership to the extent noted.
- Remark: Listed as a member of a 10% owner group.
Context
- RSU awards are time-based compensation that convert to actual shares only at vesting (here, one year later) and typically do not indicate an immediate change in market exposure. This filing records the grant, not a sale or purchase in the open market.
- As a 10% owner, Langford is a significant stakeholder; the filing also notes trust holdings and related disclaimers of beneficial ownership.