Miranda Tiago 4
Research Summary
AI-generated summary
Atlas Lithium (ATLX) CFO Miranda Tiago Sells Shares
What Happened
- Miranda Tiago, Chief Financial Officer of Atlas Lithium Corp (ATLX), disposed of 10,231 shares in two open-market sales: 4,400 shares on 2026-04-16 at $5.00 ($22,000) and 5,831 shares on 2026-04-17 at $5.03 ($29,330), for a combined proceeds of $51,330. These were sales (not purchases), which are often routine portfolio transactions.
Key Details
- Transaction dates and prices: 2026-04-16 — 4,400 shares @ $5.00; 2026-04-17 — 5,831 shares @ $5.03.
- Total shares sold: 10,231; total proceeds: $51,330.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 — Dispositions were effected by XP Investments US LLC pursuant to a previously established Rule 10b5-1 trading plan. F2 — Filing notes restricted stock units that vest in three equal annual installments beginning July 23, 2026.
- Filing timeliness: Form filed 2026-04-20 for trades on 2026-04-16 and 2026-04-17, which is later than the typical two-business-day filing window for Form 4s.
Context
- These were outright sales under a documented 10b5-1 plan (per F1), which typically indicates trades were pre-planned rather than ad hoc insider decisions. Sales do not necessarily indicate a change in company outlook; they may reflect routine liquidity or tax planning.