Ginn Kirk Edwards 4

What Happened
Ginn Kirk Edwards, a member of a 10% owner group in Atlas Energy Solutions Inc. (AESI), was awarded equity and had a small number of shares withheld to cover taxes. On March 4, 2026 Edwards was awarded 40,363 restricted stock units (RSUs) and 19,028 performance share units (PSUs) (both recorded as acquisitions at $0.00). On March 6, 2026, 5,237 shares were disposed (withheld) at $9.91 per share to satisfy tax withholding obligations, totaling $51,899. The PSU award vested on March 4, 2026 subject to certified performance; the RSUs vest in three equal installments in 2027–2029.

Key Details

• Transaction dates: Awards (A) on 2026-03-04; tax-withholding disposition (F) on 2026-03-06.
• Awards: 40,363 RSUs and 19,028 PSUs acquired at $0.00.
• Disposal: 5,237 shares withheld at $9.91/share for taxes — proceeds/value reported $51,899.
• Vesting/tax notes: PSUs vested based on certified performance (originally granted 3/13/2023). RSUs vest in thirds on 3/4/2027, 3/4/2028, 3/4/2029 (F1–F3). Shares were withheld to satisfy tax withholding (routine).
• Shares owned after transaction: Not specified in the reported excerpt.
• Filing timeliness: Form 4 filed 2026-03-06 for transactions on 2026-03-04 — appears timely (no late filing indicated).

Context
This was primarily an awards/vesting event, not an open-market purchase or an intentional sell for liquidity. The 5,237-share disposition was a routine withholding to cover tax obligations from vesting (a common cashless/withholding settlement), while most awarded RSUs remain subject to future vesting conditions. As a 10% owner group member, Edwards is a significant shareholder; these transactions reflect compensation/settlement mechanics rather than a straightforward buy or sell signal.