Fogassa Marc 4

What Happened

• Marc Fogassa, CEO of Atlas Lithium Corp (ATLX), disposed of 27,272 shares on Feb 5, 2026 at $4.52 per share for total proceeds of $123,261. The filing reports the transaction as a disposition (sale).

Key Details

• Transaction date and price: Feb 5, 2026 — 27,272 shares at $4.52 each.
• Total value: $123,261.
• Execution: Disposition effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan (Footnote F1).
• Ownership reporting: Common stock is held indirectly by entities controlled by the reporting person (Footnote F2).
• Filing date / timeliness: Form 4 filed Feb 6, 2026 (the day after the transaction), indicating a timely report in this filing.

Context

• The sale was made under a prearranged Rule 10b5-1 plan, which typically schedules transactions in advance and reduces the signaling value of insider sales. Sales can be routine and do not necessarily indicate a change in the insider’s view of the company.