AtlasClear executives purchased 815,000 shares, reflecting their confidence in the company’s strategic objectives and alignment with shareholders.
Quiver AI Summary
AtlasClear Holdings, Inc. announced that five members of its executive leadership and Board of Directors purchased a total of 815,000 shares of the company’s common stock using personal funds on September 24 and 25, 2026, reflecting confidence in the company's future. The total value of these transactions was approximately $162,500, with significant purchases made by Executive Chairman John Schaible, President Craig Ridenhour, CFO Sandip Patel, and directors Thomas Jon Hammond and Steven J. Carlson. These purchases demonstrate alignment between the leadership team and shareholders as AtlasClear executes its strategic objectives to create long-term value. The company, which builds financial infrastructure for smaller institutions and fintechs, is also involved in ongoing acquisitions to enhance its service offerings. Corrected information regarding the share transactions has been filed with the SEC.
Potential Positives
- Five members of executive leadership and the Board of Directors purchased a total of 815,000 shares of the Company's common stock, demonstrating their personal financial commitment and confidence in AtlasClear's future.
- The aggregate transaction value of approximately $162,500 indicates a significant investment by the Company's leaders, aligning their interests with those of shareholders.
- The purchases were conducted as open market transactions, indicating that these individuals are willing to invest personal funds rather than receiving shares as awards, which may enhance investor trust.
- Executive Chairman John Schaible's statement emphasizes the leadership team's commitment to executing the Company's strategic objectives and creating long-term shareholder value.
Potential Negatives
- The correction of the transaction code in the Form 4 filings may raise concerns about the accuracy and reliability of the Company's reporting practices.
- The need to amend the filing could indicate potential regulatory oversight issues that might affect the Company's credibility.
- The Company’s current growth and future performance heavily rely on successful acquisitions and regulatory approvals, which are uncertain and carry inherent risks.
FAQ
What recent stock purchases were announced by AtlasClear?
Five executives and board members of AtlasClear purchased 815,000 shares totaling approximately $162,500 on September 24 and 25, 2026.
Who were the executives involved in the stock purchase?
The stock purchases involved Executive Chairman John Schaible, President Craig Ridenhour, CFO Sandip Patel, and directors Thomas Jon Hammond and Steven J. Carlson.
What was the purpose of these stock purchases by executives?
The purchases reflect confidence in AtlasClear and alignment with shareholders, as stated by Executive Chairman John Schaible.
What correction was made in the Form 4 filings?
The Form 4s initially contained an incorrect transaction code; amended versions now correctly indicate open market purchases.
What is the focus of AtlasClear Holdings, Inc.?
AtlasClear is building a technology-enabled financial services platform for trading, clearing, settlement, and banking aimed at emerging financial institutions and fintechs.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ATCH Hedge Fund Activity
We have seen 15 institutional investors add shares of $ATCH stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CABLE CAR CAPITAL, LP removed 1,177,833 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $234,153
- CARY STREET PARTNERS FINANCIAL LLC added 650,000 shares (+255.3%) to their portfolio in Q2 2026, for an estimated $127,920
- JANE STREET GROUP, LLC added 413,629 shares (+22.1%) to their portfolio in Q2 2026, for an estimated $81,402
- VIRTU FINANCIAL LLC added 367,794 shares (+770.0%) to their portfolio in Q2 2026, for an estimated $72,381
- STATE STREET CORP added 232,800 shares (+inf%) to their portfolio in Q1 2026, for an estimated $46,280
- PROSPERA FINANCIAL SERVICES INC removed 124,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $24,651
- DIVERSIFY ADVISORY SERVICES, LLC added 61,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,004
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
TAMPA, Fla., Sept. 28, 2026 (GLOBE NEWSWIRE) -- AtlasClear Holdings, Inc. (NYSE American: ATCH) (“AtlasClear” or the “Company”), a company building regulated financial infrastructure for smaller institutions, fintechs and advisors, today announced that five members of its executive leadership and Board of Directors purchased an aggregate of 815,000 shares of the Company’s common stock with their personal funds in transactions executed on September 24 and 25, 2026.
According to Form 4s filed with the U.S. Securities and Exchange Commission on September 28, the reporting persons were Executive Chairman John Schaible (100,000 shares); President Craig Ridenhour (100,000 shares); Chief Financial Officer and General Counsel Sandip Patel (100,000 shares); and directors Thomas Jon Hammond (500,000 shares) and Steven J. Carlson (15,000 shares). The aggregate transaction value was approximately $162,500, calculated using the prices reported in the filings. The shares were purchased by these individuals and were not awarded to them by the Company.
“These purchases reflect our confidence in AtlasClear and our continued alignment with AtlasClear shareholders as we execute on the Company’s strategic objectives,” said John Schaible, Executive Chairman. “Members of our leadership team and Board are shareholders alongside our investors, and we remain focused on building the business and creating long-term shareholder value.”
The Form 4s originally filed on September 28 contained an incorrect transaction code for the purchases, which initially coded the transactions as acquired as if granted to the directors by the Company. The amended Form 4s indicating the shares being acquired in open market purchases have been filed with the SEC as of this release.
About AtlasClear Holdings, Inc.
AtlasClear Holdings, Inc. (NYSE American: ATCH) is building a technology-enabled financial services platform designed for trading, clearing, settlement, and banking for emerging financial institutions and fintechs. Through its wholly owned subsidiary AtlasClearing, Inc. (formerly Wilson-Davis & Co., Inc.), a full-service correspondent broker-dealer registered with the SEC and FINRA, and its planned acquisition of Commercial Bancorp of Wyoming, AtlasClear seeks to deliver a vertically integrated suite of brokerage, clearing, risk management, regulatory, and commercial banking solutions. For more information, follow us on
LinkedIn
or
X
and visit
www.atlasclear.com
.
To stay up to date on AtlasClear’s platform strategy and market perspective, subscribe to the Company’s YouTube channel and watch the Clearing the View by AtlasClear video series
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that reflect AtlasClear Holdings' current views with respect to, among other things, its future operations and financial performance. Forward-looking statements in this communication may be identified by the use of words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions.
Forward-looking statements include, but are not limited to, statements regarding expected future growth
These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company's control, and actual results may differ materially from those anticipated. Factors that could cause actual results to differ include, but are not limited to: the Company's failure to enter into definitive agreements with the digital asset business or the Dawson James parties, or its failure to complete the proposed acquisitions on favorable terms or at all; failure to receive the required regulatory approvals for the proposed acquisitions, including the acquisition of Commercial Bancorp of Wyoming; the Company's inability to integrate, and to realize the benefits of, the proposed acquisitions; delays in onboarding correspondent broker-dealers or the failure of correspondent relationships to generate the anticipated revenue; changes in general economic or political conditions; changes in the markets that AtlasClear targets; slowdowns in securities or digital asset trading or shifting demand for trading, clearing and settling financial products; and any change in laws applicable to AtlasClear or any regulatory or judicial interpretation thereof. For additional information regarding risks and uncertainties, please refer to the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2026. AtlasClear undertakes no obligation to update or revise forward-looking statements, except as required by law.
Company Contact:
AtlasClear Holdings, Inc.
Email:
[email protected]
Investor Relations Contact:
Jeff Ramson, CEO
PCG Advisory, Inc.
Email:
[email protected]