CEO forfeits shares for tax withholding. John Gregory Turner, CEO and President of Atlas Energy Solutions Inc. (NYSE: AESI), surrendered 16,130 shares at $13.60 per share on March 17, 2026, according to a Form 4 filing with the SEC. The transaction, coded as type “F,” represents shares withheld to satisfy tax obligations on vested equity compensation—a routine administrative event rather than a discretionary sale.
Transaction valued at $219,368. The forfeiture totaled $219,368 in value, reducing Turner’s direct holdings to 667,924 shares following the transaction. Type F transactions are non-discretionary and typically occur when restricted stock units or performance shares vest, with the company automatically withholding a portion to cover the executive’s tax liability.
Broader selling pattern persists. Over the past six months, Atlas Energy insiders have sold a net 582,124 shares with zero purchases recorded during that period. The CEO’s tax-related forfeiture adds to this one-directional activity, though the non-discretionary nature of type F transactions makes them less significant than open-market sales when assessing insider sentiment.
Institutional backing remains concentrated. BlackRock Inc. leads institutional holders with 13.15 million shares representing 0.11% of its portfolio, while Vanguard Group holds 8.01 million shares. Notably, Leon G. Cooperman reduced his 5.05 million share position by 0.1% in the most recent reporting period, the only top-five holder to trim exposure.
This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.