[Form 4] Atlantic International Corp. Insider Trading Activity
Atlantic International Corp. reported that Christopher Broderick, the company's Chief Financial Officer, retired on 08/15/2025 and returned 577,171 restricted stock units to the issuer under an exempt transition pursuant to Rule 16b-3(e). The Form 4 shows the RSUs had a $0.0001 per-unit conversion/exercise price and were deemed exercised/retired on 08/15/2025, with underlying common stock of 577,171 shares recorded as disposed and leaving Broderick with 0 derivative securities held as of the filing. The Form is signed by Christopher Broderick on 08/15/2025.
Atlantic International Corp. ha comunicato che Christopher Broderick, Chief Financial Officer della società, si è ritirato il 08/15/2025 e ha restituito 577,171 unità di azioni vincolate all'emittente nell'ambito di una transazione esente ai sensi della Rule 16b-3(e). Il Modulo 4 riporta che le RSU avevano un prezzo di conversione/esercizio di $0.0001 per unità e sono state considerate esercitate/restituite il 08/15/2025, con 577,171 azioni ordinarie sottostanti registrate come cedute; Broderick risulta con 0 titoli derivati detenuti alla data del deposito. Il Modulo è firmato da Christopher Broderick il 08/15/2025.
Atlantic International Corp. informó que Christopher Broderick, Director Financiero de la compañía, se jubiló el 08/15/2025 y devolvió 577,171 unidades de acciones restringidas al emisor en una transición exenta conforme a la Regla 16b-3(e). El Formulario 4 indica que las RSU tenían un precio de conversión/ejercicio de $0.0001 por unidad y se consideraron ejercidas/devolvidas el 08/15/2025, registrándose 577,171 acciones ordinarias subyacentes como enajenadas; Broderick quedó con 0 valores derivados en posesión a la fecha de la presentación. El Formulario está firmado por Christopher Broderick el 08/15/2025.
Atlantic International Corp.는 회사의 최고재무책임자(Chief Financial Officer)인 Christopher Broderick가 08/15/2025에 은퇴했으며 Rule 16b-3(e)에 따른 면제 전환으로 발행인에게 577,171개의 제한주식지급(RSU)을 반환했다고 보고했습니다. Form 4에는 RSU의 단위당 전환/행사가가 $0.0001로 기재되어 있으며, 해당 RSU가 08/15/2025에 행사/반환된 것으로 간주되었고, 기초 보통주 577,171주가 처분된 것으로 기록되어 제출일 기준 Broderick는 0개의 파생증권을 보유한 것으로 나타납니다. 해당 양식은 Christopher Broderick가 08/15/2025에 서명했습니다.
Atlantic International Corp. a déclaré que Christopher Broderick, le directeur financier de la société, a pris sa retraite le 08/15/2025 et a restitué 577,171 unités d'actions restreintes à l'émetteur dans le cadre d'une transition exonérée en vertu de la Rule 16b-3(e). Le Formulaire 4 indique que les RSU avaient un prix de conversion/exercice de $0.0001 par unité et ont été réputées exercées/restituées le 08/15/2025, avec 577,171 actions ordinaires sous-jacentes enregistrées comme cédées ; Broderick se retrouve avec 0 titres dérivés détenus à la date du dépôt. Le formulaire est signé par Christopher Broderick le 08/15/2025.
Atlantic International Corp. teilte mit, dass Christopher Broderick, der Chief Financial Officer des Unternehmens, am 08/15/2025 in den Ruhestand getreten ist und im Rahmen einer nach Rule 16b-3(e) freigestellten Übertragung 577,171 Restricted Stock Units an den Emittenten zurückgegeben hat. Im Formular 4 wird angegeben, dass die RSUs einen Umwandlungs-/Ausübungspreis von $0.0001 je Einheit hatten und am 08/15/2025 als ausgeübt/zurückgegeben angesehen wurden; zugrunde liegende Stammaktien in Höhe von 577,171 Aktien wurden als veräußert verbucht, und Broderick hielt zum Zeitpunkt der Einreichung 0 derivativen Wertpapiere. Das Formular ist von Christopher Broderick am 08/15/2025 unterzeichnet.
- Transparent disclosure of the CFO's retirement and the return of RSUs on Form 4
- Compliance with Rule 16b-3(e) is explicitly cited, indicating an exempt transition was followed
- CFO retirement on 08/15/2025 removes an incumbent financial officer from company leadership
- 577,171 restricted stock units were returned, reducing insider-held equity to 0 for the reporting person
Insights
TL;DR: CFO retirement and return of 577,171 RSUs reduces insider ownership and signals an executive transition.
The filing documents an executive-level departure: the Chief Financial Officer retired effective 08/15/2025 and returned 577,171 restricted stock units to the company under Rule 16b-3(e). From a governance perspective, an immediate forfeiture/return of RSUs typically follows a retirement or separation agreement and removes a meaningful block of insider-aligned equity. The Form 4 is properly executed and discloses the transaction date and the nature of the exempt transition, which maintains SEC compliance but indicates a leadership change that investors will want to note for financial reporting continuity.
TL;DR: The transaction is specific and procedural; it reduces the CFO's beneficial holdings to zero but contains no financial performance data.
The Form 4 records a non-derivative/derivative reporting event tied to retirement rather than a market sale: 577,171 RSUs were returned to the issuer effective 08/15/2025 with a stated $0.0001 conversion/exercise price and resulting in zero derivative securities held by the reporting person. This is a compliance disclosure of an ownership change rather than an operational or earnings event; it does not provide revenue, expense, or balance-sheet details to assess valuation impact by itself.
Atlantic International Corp. ha comunicato che Christopher Broderick, Chief Financial Officer della società, si è ritirato il 08/15/2025 e ha restituito 577,171 unità di azioni vincolate all'emittente nell'ambito di una transazione esente ai sensi della Rule 16b-3(e). Il Modulo 4 riporta che le RSU avevano un prezzo di conversione/esercizio di $0.0001 per unità e sono state considerate esercitate/restituite il 08/15/2025, con 577,171 azioni ordinarie sottostanti registrate come cedute; Broderick risulta con 0 titoli derivati detenuti alla data del deposito. Il Modulo è firmato da Christopher Broderick il 08/15/2025.
Atlantic International Corp. informó que Christopher Broderick, Director Financiero de la compañía, se jubiló el 08/15/2025 y devolvió 577,171 unidades de acciones restringidas al emisor en una transición exenta conforme a la Regla 16b-3(e). El Formulario 4 indica que las RSU tenían un precio de conversión/ejercicio de $0.0001 por unidad y se consideraron ejercidas/devolvidas el 08/15/2025, registrándose 577,171 acciones ordinarias subyacentes como enajenadas; Broderick quedó con 0 valores derivados en posesión a la fecha de la presentación. El Formulario está firmado por Christopher Broderick el 08/15/2025.
Atlantic International Corp.는 회사의 최고재무책임자(Chief Financial Officer)인 Christopher Broderick가 08/15/2025에 은퇴했으며 Rule 16b-3(e)에 따른 면제 전환으로 발행인에게 577,171개의 제한주식지급(RSU)을 반환했다고 보고했습니다. Form 4에는 RSU의 단위당 전환/행사가가 $0.0001로 기재되어 있으며, 해당 RSU가 08/15/2025에 행사/반환된 것으로 간주되었고, 기초 보통주 577,171주가 처분된 것으로 기록되어 제출일 기준 Broderick는 0개의 파생증권을 보유한 것으로 나타납니다. 해당 양식은 Christopher Broderick가 08/15/2025에 서명했습니다.
Atlantic International Corp. a déclaré que Christopher Broderick, le directeur financier de la société, a pris sa retraite le 08/15/2025 et a restitué 577,171 unités d'actions restreintes à l'émetteur dans le cadre d'une transition exonérée en vertu de la Rule 16b-3(e). Le Formulaire 4 indique que les RSU avaient un prix de conversion/exercice de $0.0001 par unité et ont été réputées exercées/restituées le 08/15/2025, avec 577,171 actions ordinaires sous-jacentes enregistrées comme cédées ; Broderick se retrouve avec 0 titres dérivés détenus à la date du dépôt. Le formulaire est signé par Christopher Broderick le 08/15/2025.
Atlantic International Corp. teilte mit, dass Christopher Broderick, der Chief Financial Officer des Unternehmens, am 08/15/2025 in den Ruhestand getreten ist und im Rahmen einer nach Rule 16b-3(e) freigestellten Übertragung 577,171 Restricted Stock Units an den Emittenten zurückgegeben hat. Im Formular 4 wird angegeben, dass die RSUs einen Umwandlungs-/Ausübungspreis von $0.0001 je Einheit hatten und am 08/15/2025 als ausgeübt/zurückgegeben angesehen wurden; zugrunde liegende Stammaktien in Höhe von 577,171 Aktien wurden als veräußert verbucht, und Broderick hielt zum Zeitpunkt der Einreichung 0 derivativen Wertpapiere. Das Formular ist von Christopher Broderick am 08/15/2025 unterzeichnet.
FAQ
What did Christopher Broderick report on Form 4 for ATLN?
How many restricted stock units were returned by the reporting person?
What rule is cited for the exempt transition in the filing?
What was the stated conversion/exercise price for the derivative security?
When was the Form 4 signed by the reporting person?
