I have zero faith in color codes or chalk marks on any given bar. I only really trust steel that comes wrapped from the mill with their label on it. Why? Grind a knife or two made from "440C" from a popular knifemaking supply retailer, have it HT'ed and come back at 46 Rc (useless), with a note from your HT guy saying "this is 416" and you'll understand.

There were several other blades I made from 440C from a different supplier in the same Ht batch and they came back perfect.
Anyway... I've never used ATS-134 but I've ground up a few feet of CPM-154 which is pretty similar. I've also ground a few feet of O1. Some observations, assuming both are annealed:
O1 will give pretty sparks and lots of them when you grind it. 154, hardly any unless you really lean into it.
Unhardened O1, ground smooth, will blossom orange within 30-60 minutes if left wet. 154 will take longer to show corrosion and it won't be "flash rust", just little pits and spots.
154 heats up slower on the grinder, but when it gets hot it's HOT. O1 heats up quicker but more steadily.
O1 will darken very quickly when soaked in vinegar or lemon juice for a bit. 154 won't.
All these observations are due to stainless alloys like ATS-34 and CPM-154 having more chromium and other elements in them than simpler steels like O1.
Hope this helps!