Saunders Mitchell 4
Research Summary
AI-generated summary
Atlanticus (ATLC) CAO Saunders Mitchell Withholds 152 Shares for Taxes
What Happened
- Saunders Mitchell, Chief Accounting Officer of Atlanticus Holdings Corp (ATLC), had 152 shares of common stock withheld to satisfy tax withholding obligations upon the vesting of a restricted stock award. The shares were valued at $47.96 each, for a total of $7,290. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (SEC Accession: 0001437749-26-008686).
- Price per share: $47.96; Shares withheld/disposed: 152; Total value: $7,290.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: F1 — shares were withheld to satisfy tax withholding obligations upon vesting, based on the closing price on March 13, 2026.
- Transaction code: F (tax withholding on award vesting). No late‑filing flag was provided in the summary data supplied.
Context
- This was a routine tax-withholding event tied to restricted stock vesting (a common way companies satisfy employees' tax obligations). It is not an open-market sale and therefore is generally not a directional signal about the insider’s view of the stock. The dollar amount is relatively small.