HANNA DAVID G 4
Research Summary
AI-generated summary
Atlanticus (ATLC) 10% Owner David G. Hanna Sells Shares
What Happened
- David G. Hanna, reported as a 10% owner of Atlanticus Holdings Corp (ATLC), sold a total of 25,000 shares in open-market/private sale transactions across three days. The disposals were: 1,005 shares on 2026-06-29 at a weighted avg price of $105.00 ($105,525); 8,319 shares on 2026-06-30 at $103.08 ($857,523); and 15,676 shares on 2026-07-01 at $104.26 ($1,634,380). Total proceeds across the three transactions were $2,597,428.
Key Details
- Transaction type: S = Sale (open market or private sale)
- Dates and reported weighted-average prices: 2026-06-29 @ $105.00 (F1), 2026-06-30 @ $103.08 (F2), 2026-07-01 @ $104.26
- Shares sold: 1,005; 8,319; 15,676 — total 25,000 shares for $2,597,428
- Footnotes: F1/F2 — each day's sale executed in multiple trades at price ranges (6/29: $103.00–$106.54; 6/30: $103.00–$106.08); reported prices are weighted averages and the filer will provide per-trade details on request. F3 — reporting person disclaims beneficial ownership except to extent of pecuniary interest. F4 — some holdings are held by a family trust benefiting the filer and family members.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Timeliness: Filing date 2026-07-01 covering trades through 2026-07-01; no late filing indicated on the form.
Context
- These were outright sales by a 10% owner (not an exercise, gift, or award). Sales by large holders can be routine (liquidity, portfolio rebalancing, trust-related transfers) and do not by themselves indicate management’s view of the company’s prospects. The weighted-average prices and multi-trade execution notes mean per-trade prices varied within the ranges cited (see F1/F2).