BIBAUD SCOTT A. 4
4 · Atomera Inc · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Atomera (ATOM) CEO Scott Bibaud Sells Shares
What Happened
Scott A. Bibaud, CEO, President and a director of Atomera Inc. (ATOM), disposed of four blocks of shares on 2026-06-01: 4,589; 5,534; 2,020; and 1,837 shares, each sold at $9.52 per share. The combined proceeds from these sales were approximately $133,089. These were sales (not purchases) and were executed to satisfy tax withholding obligations tied to previously granted restricted stock.
Key Details
- Transaction date: 2026-06-01; reporting (Form 4) filed 2026-06-02 (appears timely).
- Price: $9.52 per share for all lots.
- Shares sold: 13,980 total; proceeds ≈ $133,089.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Sales were “sell-to-cover” transactions to satisfy mandatory, non-discretionary tax withholding on vested restricted stock, pursuant to Rule 10b5-1(c)(1)(ii)(D)(3) (reported as F1).
- Filing accession: 0001683168-26-004457 (for reference).
Context
Sell-to-cover transactions are routine tax-related sales executed to pay withholding on vested awards and do not necessarily indicate the insider’s view of the company’s prospects. Purchases typically carry more weight as a bullish signal; this filing documents a routine, tax-driven sale by the CEO.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-01$9.52/sh−4,589$43,687→ 705,152 total - Sale
Common Stock
[F1]2026-06-01$9.52/sh−5,534$52,684→ 699,618 total - Sale
Common Stock
[F1]2026-06-01$9.52/sh−2,020$19,230→ 697,598 total - Sale
Common Stock
[F1]2026-06-01$9.52/sh−1,837$17,488→ 695,761 total
Footnotes (1)
- [F1]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting ofrestricted stock grants that were previously reported. This sale is to satisfy mandatory non-discretionary tax withholding obligations by a "sell to cover" transaction pursuant to Rule 10b5-l(c)(l)(ii)(D)(3) under the Exchange Act.