Noriega Roger 4

What Happened

• Roger Noriega, a director of Atlas Lithium Corp (ticker: ATLX), sold a total of 12,725 shares in two open-market transactions on May 1, 2026. He sold 7,725 shares at $5.50 each (≈ $42,488) and 5,000 shares at $5.54 each ($27,700), for combined proceeds of about $70,188. These were sales (not purchases), which are often routine dispositions rather than a bullish signal.

Key Details

• Transaction dates and prices:
  • 2026-05-01: 7,725 shares @ $5.50 = $42,487.50 (reported as $42,488)
  • 2026-05-01: 5,000 shares @ $5.54 = $27,700
  • Total sold: 12,725 shares; total proceeds ≈ $70,188
• Form filed: Accession 0001493152-26-021103; filing date 2026-05-04 (filed within the SEC’s two-business-day window — not late).
• Shares owned after transaction: Not specified in the summary provided here; see the full Form 4 for post-transaction holdings.
• Footnotes/plan details: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the provided transaction summary.

Context

• Sales by directors can be for many reasons (diversification, personal liquidity, tax planning) and do not necessarily indicate a change in view on the company; purchases generally carry more weight as a positive signal.
• If you need full context on holdings, affiliations, or other recent insider trades for Atlas Lithium, consult the complete Form 4 filing on the SEC EDGAR site.