Howard Jeffrey A. 4
Research Summary
AI-generated summary
Atlanticus (ATLC) CEO Jeffrey A. Howard Withholds 1,619 Shares for Taxes
What Happened
Jeffrey A. Howard, President & CEO and a director of Atlanticus Holdings Corp (ATLC), had 1,619 shares of common stock disposed/withheld to satisfy tax withholding obligations upon the vesting of a restricted stock award. The shares are recorded at $54.81 each, totaling approximately $88,737. This was not an open-market sale but a tax-withholding disposition tied to RSU vesting.
Key Details
- Transaction date: March 8, 2026; Form 4 filed March 10, 2026.
- Disposed/withheld: 1,619 shares at $54.81 per share; total value ≈ $88,737.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Shares were withheld to satisfy tax withholding upon RSU vesting, based on the March 6, 2026 closing price.
- Filing timeliness: Form 4 lists the transaction date and was filed two days later; no late-file flag noted in the provided data.
Context: Withholding shares to cover taxes on vested restricted stock is a routine administrative transaction and not the same signal as an open-market sale or purchase. Purchases or voluntary sales typically provide more direct information about an insider’s market view.