McCamey William 4
Research Summary
AI-generated summary
Atlanticus (ATLC) CFO William McCamey Withholds 2,018 Shares for Taxes
What Happened
- William McCamey, Chief Financial Officer of Atlanticus Holdings Corp (ATLC), had 2,018 shares of common stock withheld to satisfy tax withholding obligations upon the vesting of a restricted stock award. The withholding was based on a per-share value of $47.96, resulting in a cash-equivalent value of approximately $96,783. This is a tax-withholding disposition (not an open-market sale) and is a routine result of equity award vesting.
Key Details
- Transaction date: March 13, 2026; Filing date (Form 4): March 17, 2026
- Disposition: 2,018 shares withheld at $47.96 per share; total value ≈ $96,783
- Shares owned after the transaction: not specified in the provided filing
- Footnote: F1 — shares were withheld to satisfy tax withholding on vesting, based on the closing price on March 13, 2026
- No 10b5-1 plan, gift, or option exercise noted in this transaction
Context
- Withholding shares to cover taxes when restricted stock vests is common and typically does not indicate a change in the insider’s view of the company. This was not an open-market sale; shares were surrendered to cover tax liabilities associated with a grant vesting.