AtlasClear (ATCH) President Craig Ridenhour Receives Restricted Stock Award

What Happened
Craig Ridenhour, President and Director of AtlasClear Holdings, received a total of 1,757,872 shares via awards granted on July 14, 2026. The Form 4 lists four grant entries (transaction code A) totaling 700,000; 286,842; 40,000 (derivative); and 731,030 (derivative) shares, each with an acquisition price of $0.00 (total reported value $0). These were grants/awards of restricted stock rather than open-market purchases or sales.

Key Details

• Transaction date: July 14, 2026; Filing date: August 6, 2026 (filed late relative to the 2-business-day Form 4 rule).
• Price per share: $0.00 for all grants.
• Total shares granted: 1,757,872.
• Derivative entries: Two grants are labeled as derivative in the filing; the footnotes describe the awards as restricted stock.
• Footnotes: F1 = restricted stock granted that is immediately vested in full. F2 = restricted stock that vests in full on June 30, 2027, subject to continued employment.
• Shares owned after transaction: not specified in the information provided.
• Transaction type: Award/Grant (A) — not a purchase or sale.

Context

• These are equity awards under an employment arrangement, not market purchases; immediate vesting (F1) converts into owned shares right away, while time‑vesting (F2) depends on continued employment through 6/30/2027.
• Awards at $0 are common for restricted stock grants and do not represent cash outlay by the insider.
• The Form 4 was filed well after the transaction date; late filings reduce transparency and can carry regulatory risk.