Atlas Lithium (ATLX) CEO Marc Fogassa Sells 28,663 Shares

What Happened

• Marc Fogassa, CEO of Atlas Lithium Corp (ATLX), reported dispositions of common stock on July 22–23, 2026. He disposed of 26,420 shares on 2026-07-22 at $3.01 per share ($79,606) and 2,243 shares on 2026-07-23 at $3.02 per share ($6,769), for a combined total of 28,663 shares and proceeds of approximately $86,375. Both transactions are listed as "Disposition to the issuer (D)."

Key Details

• Transaction dates and prices:
  • 2026-07-22: 26,420 shares @ $3.01 = $79,606 (Footnote F1)
  • 2026-07-23: 2,243 shares @ $3.02 = $6,769
• Total shares sold: 28,663; total proceeds: ~$86,375.
• Filing: Form 4 filed 2026-07-24 (appears timely relative to the trade dates).
• Footnotes:
  • F1: Disposition effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan (prearranged trading plan).
  • F2: Some common stock is held indirectly by entities controlled by the reporting person.
• Shares owned after transaction: not specified in the supplied summary—see the full Form 4 for post-transaction holdings.

Context

• These were sales, not purchases. Because the trades were executed under a previously established 10b5-1 plan (per F1), they are typically routine, prearranged dispositions and do not necessarily indicate a change in the insider’s view of the company. Retail investors should consult the full Form 4 for exact post-transaction holdings and any additional issuer details.