HANNA FRANK J III 4

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.