4Accepted Sep 28, 9:26 AM ET
AtlasClear (ATCH) CFO Sandip I. Patel Receives 100,000-Share Award
Accepted (ET)
9:26 AM
Sep 28, 2026
Filed
Sep 28, 2026
Documents
1
Size
6.3 KB
Summary
AtlasClear (ATCH) CFO Sandip I. Patel Receives 100,000-Share Award
What Happened
Sandip I. Patel, AtlasClear Holdings' CFO, General Counsel and a director, received two equity awards totaling 100,000 shares on Sept. 24–25, 2026. The filing reports 50,000 shares acquired at $0.22 (reported value $10,865) on 2026-09-24 and 50,000 shares at $0.20 (reported value $9,875) on 2026-09-25, for a combined reported value of $20,740. These were awards/grants (transaction code A), i.e., compensation-related acquisitions rather than open-market purchases or sales.
Key Details
- Transaction dates and prices: 2026-09-24 — 50,000 shares @ $0.22 (reported $10,865); 2026-09-25 — 50,000 shares @ $0.20 (reported $9,875).
- Total shares received: 100,000; total reported value: $20,740.
- Transaction type: A = Award/Grant (typically part of compensation plan or restricted stock award).
- Shares owned after the transaction: Not disclosed in the Form 4 filing.
- Filing: Form 4 was filed with the SEC on 2026-09-28 for transactions dated 9/24–9/25; Form 4s are generally due within two business days, so this appears to have been filed after that window (possible late filing).
Context
Awards (A) are usually compensation-related grants (restricted stock or similar) and do not by themselves indicate open-market buying or selling intent. For retail investors, these grants reflect how the company compensates key executives but are not a direct signal of the insider buying stock with personal funds.