Atlas Lithium (ATLX) CFO Miranda Tiago Receives 105,543 RSUs

What Happened
Miranda Tiago, CFO of Atlas Lithium Corp (ATLX), had 30,000 previously reported restricted stock units (RSUs) cancelled and was granted 105,543 new RSUs on June 15, 2026. Both the cancellation (disposition to issuer) and the new grant show $0 cash proceeds — these were equity awards, not open-market purchases or cash sales.

Key Details

• Transaction date: June 15, 2026; Filing date: August 19, 2026 (filing appears late relative to the transaction date).
• Reported transaction codes: D = Disposition to issuer (30,000 RSUs cancelled); A = Award/Grant (105,543 RSUs granted).
• Price/Proceeds: $0 reported for both the cancellation and the grant (typical for RSU activity).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The filing states Tiago entered an Amended and Restated Employment Agreement on June 15, 2026: 30,000 prior RSUs were cancelled and 105,543 new RSUs were granted under the 2023 Stock Incentive Plan. The new RSUs vest in four equal annual installments beginning July 23, 2026.

Context
RSUs are awards that convert to shares only if and when they vest; they are not immediate cash or open-market purchases. This filing documents a restructuring of Tiago’s equity awards (cancellation and regrant) with a new vesting schedule — not a sale that would represent liquidity by the insider. The late filing reduces short-term transparency but does not change the substance of the reported award.