BIBAUD SCOTT A. 4

What Happened
Scott A. Bibaud, CEO, President and a director of Atomera Inc. (ATOM), exercised 50,000 options at an exercise price of $7.01 per share (total cost $350,500) on June 15, 2026, and on the same date sold 50,000 shares in an open market transaction at $9.37 per share, generating $468,500 in gross proceeds. The filing also records a derivative disposition of 50,000 shares at $0.00, which is reported separately on the Form 4.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely; two business days after the transaction).
• Exercise: 50,000 shares at $7.01 each = $350,500 (code M — option exercise).
• Sale: 50,000 shares at $9.37 each = $468,500 (code S — sale).
• Separate derivative line: 50,000 shares disposed at $0.00 (reported as a derivative disposition on the Form 4).
• Net cash difference (sale proceeds minus exercise cost): approximately $118,000 before fees and taxes.
• Shares owned after transaction: not provided in the supplied extract of the filing.
• No 10b5-1 plan, tax-withholding or other special footnotes were included in the provided data.

Context
This pattern—exercising options and selling an equal number of shares the same day—is commonly a cashless or near-cashless exercise where the insider converts options to shares and sells shares to cover exercise cost, taxes or to take gains. Sales are often routine and do not by themselves indicate the insider’s future view of the company. The filing appears timely.