Atlas Energy Solutions Inc. - Amendment to Schedule 13D

This filing is an amendment to a Schedule 13D filing for Atlas Energy Solutions Inc. The amendment details a multi-tranche, prepaid variable share forward sale transaction entered into by the Reporting Person, Gregory M. Shepard, on December 19, 2025. The transaction involves up to 425,000 shares of common stock and obligates the Reporting Person to deliver these shares, or an equivalent cash amount, to UBS AG, Stamford Branch (the "Buyer") by January 10-14, 2028. The Reporting Person received an upfront cash payment of $3,213,794. The transaction is secured by a pledge of 425,000 shares of common stock, in which the Reporting Person retains voting and ordinary dividend rights. The filing also includes the Stock Purchase Agreement as an exhibit, outlining the terms and conditions of the sale, including provisions for settlement, adjustments, and events of default.