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Atomera Inc·4

Jun 10, 4:02 PM ET

Mears Robert J 4

Research Summary

AI-generated summary

Updated

Atomera (ATOM) CTO Robert J. Mears Exercises Options, Sells Shares

What Happened

  • Robert J. Mears, Chief Technology Officer of Atomera (ATOM), exercised stock options and sold shares on June 8–9, 2026. He exercised a total of 48,115 options for cash payments totaling approximately $342,480 (exercise prices $7.01 and $7.65). Over the same two days he sold a total of 55,168 shares in open-market transactions for aggregate proceeds of about $464,479 (sales at $8.20, $8.50 and $8.75).
  • The filing also shows a matching set of derivative “Disposed” entries (48,115 shares at $0) consistent with conversion/transfer steps tied to the option exercises. Overall, this series of transactions reflects option exercises combined with near‑term sales (routine liquidity), not an open‑market buy.

Key Details

  • Transaction dates/prices: June 8–9, 2026. Exercises at $7.01 and $7.65; sales at $8.20, $8.50 and $8.75.
  • Shares exercised (acquired): 48,115 for ~$342,480 total cash paid.
  • Shares sold (disposed in open market): 55,168 for ~$464,479 total proceeds.
  • Additional derivative dispositions: 48,115 shares reported as disposed at $0 (conversion/processing entries related to the exercises).
  • Footnotes: F1 — exercises were effected pursuant to a Rule 10b5-1 trading plan; F2 — sales were effected pursuant to a Rule 10b5-1 trading plan.
  • Filing: Report filed 2026-06-10 covering trades on 2026-06-08 and 2026-06-09. The filing does not indicate it was late.
  • Shares owned after the transactions: Not specified in the provided filing excerpt.

Context

  • These were option exercises (insider paid exercise prices to acquire shares) followed by sales. The paired $0 “Disposed” derivative entries likely reflect conversion/transfer steps (e.g., broker transfers, shares used to cover exercise/taxes, or internal processing) rather than additional cash sales.
  • Transactions were done under pre-established 10b5-1 plans — meaning the exercises and sales were pre-arranged and automated, which is common for planned liquidity and reduces the inference that trades reflect new information or immediate sentiment.