Fogassa Marc 4

What Happened
Marc Fogassa, CEO of Atlas Lithium Corp (ATLX), disposed of 55,555 shares on June 16, 2026, at $3.87 per share for total proceeds of approximately $215,015. The Form 4 reports the transaction as a "Disposition to the issuer" (code D).

Key Details

• Transaction date: 2026-06-16; reported on Form 4 filed 2026-06-18 (appears timely under standard Form 4 rules).
• Price and amount: 55,555 shares at $3.87 per share; total ≈ $215,015.
• Transaction type: Disposition to the issuer (D) — reported as a sale/disposition.
• Footnotes: F1 — transaction effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan; F2 — some common stock is held indirectly by entities controlled by the reporting person.
• Shares owned after transaction: Not specified in the provided summary; the filing notes indirect holdings via controlled entities.

Context
The sale was executed under a pre-established 10b5-1 trading plan, which typically means the trades were scheduled in advance and are not necessarily a real-time signal about the insider’s view. Dispositions (sales) are common and may reflect routine liquidity needs, tax-related actions, or plan-driven selling rather than a direct commentary on company prospects.