Fogassa Marc 4

What Happened

• Marc Fogassa, CEO of Atlas Lithium Corp (ATLX), disposed of 55,555 shares on 2026-06-30 at $3.64 per share, generating proceeds of $202,320. The sale was effected by Goldman Sachs & Co. LLC under a previously established Rule 10b5-1 trading plan. This was a sale/disposition (not a purchase).

Key Details

• Transaction date and price: 2026-06-30 at $3.64 per share.
• Total proceeds: $202,320 (55,555 shares x $3.64).
• Filing date: Form 4 filed 2026-07-02; the filing does not indicate a late report.
• Shares owned after transaction: Not specified in the Form 4 (beneficial ownership after the sale not shown).
• Footnotes: F1 — disposition effected by Goldman Sachs under a prior Rule 10b5-1 plan; F2 — some common stock is held indirectly by entities controlled by the reporting person.

Context

• A 10b5-1 plan indicates the sale was pre-planned and executed under a trading arrangement, which is common for insiders and reduces the implication that the sale reflects new, company-specific information. As a disposition (sale), this is typically viewed as routine insider selling rather than a bullish signal.