Atlanticus Holdings Corp·4

Jul 1, 8:01 PM ET

HANNA FRANK J III 4

4 · Atlanticus Holdings Corp · Filed Jul 1, 2026

Research Summary

AI-generated summary of this filing

Updated

Atlanticus (ATLC) 10% Owner Frank J. Hanna III Sells Shares

What Happened

  • Frank J. Hanna III, a reported 10% owner of Atlanticus Holdings Corp (ATLC), sold a total of 25,000 shares in open-market/private sales across three days. The trades were: 1,005 shares on 2026-06-29 at $105.00 for $105,525; 8,319 shares on 2026-06-30 at a weighted average $103.08 for $857,523; and 15,676 shares on 2026-07-01 at a weighted average $104.26 for $1,634,380. Total proceeds were approximately $2,597,428. These were sales (not purchases), which are generally routine dispositions rather than affirmative votes of confidence in the stock.

Key Details

  • Transaction dates and reported prices:
    • 2026-06-29: 1,005 sh @ $105.00 = $105,525
    • 2026-06-30: 8,319 sh @ $103.08 (weighted avg; trades ranged $103.00–$106.54 per footnote) = $857,523
    • 2026-07-01: 15,676 sh @ $104.26 (weighted avg; trades ranged $103.00–$106.08 per footnote) = $1,634,380
  • Total: 25,000 shares sold for ~$2,597,428.
  • Shares owned after the transactions: not reported on this filing.
  • Relevant footnotes:
    • F1: Reporter disclaims beneficial ownership except to extent of pecuniary interest.
    • F2/F3: Certain sales executed in multiple trades; reported prices are weighted averages and the reporter will provide per-trade details upon request.
    • F4: Some shares held by a family trust for which the reporting person and family members are beneficiaries.
  • Filing timeliness: Report filed 2026-07-01 for transactions 2026-06-29 to 2026-07-01; appears to be within the standard SEC Form 4 reporting window.

Context

  • As a 10% owner (not necessarily an executive officer), these sales are reportable under Section 16 but do not by themselves indicate management views on future performance. Sales are common for tax, diversification, or liquidity reasons; purchases typically carry more interpretive weight for investors. The weighted-average-price footnotes indicate the trades were split across multiple executions.

Insider Transaction Report

Form 4
Period: 2026-06-29
Transactions
  • Sale

    Common Stock

    [F1]
    2026-06-29$105.00/sh1,005$105,5253,797,067 total(indirect: By LLC)
  • Sale

    Common Stock

    [F2][F1]
    2026-06-30$103.08/sh8,319$857,5233,788,748 total(indirect: By LLC)
  • Sale

    Common Stock

    [F3][F1]
    2026-07-01$104.26/sh15,676$1,634,3803,773,072 total(indirect: By LLC)
Holdings
  • Common Stock

    19,960
  • Common Stock

    [F1][F4]
    (indirect: By Trust)
    263,432
Footnotes (4)
  • [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
  • [F2]This transaction was executed in multiple trades at prices ranging from $103.00 and $106.54. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  • [F3]This transaction was executed in multiple trades at prices ranging from $103.00 and $106.08. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  • [F4]Held by a family trust, the beneficiaries of which are the reporting person and certain members of the reporting person's family.
Signature
/s/ Frank J. Hanna III|2026-07-01

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4