Mears Robert J 4

What Happened

• Robert J. Mears, Chief Technology Officer of Atomera Inc. (ATOM), executed option-related transactions and an open-market sale on June 15, 2026. The filing shows an exercise that resulted in acquisition of 10,000 shares at $7.65 each (cost $76,500), an open-market sale of 8,182 shares at $9.46 each for proceeds of $77,402, and a derivative disposal of 10,000 shares recorded at $0.00 (see notes below).
• The sale of 8,182 shares is the only reported market sale; the option activity appears linked to that exercise/surrender activity rather than a separate market purchase.

Key Details

• Transaction dates and prices:
  • 2026-06-15: Exercise (M) — acquired 10,000 shares @ $7.65 ($76,500).
  • 2026-06-15: Sale (S) — sold 8,182 shares @ $9.46 (proceeds $77,402).
  • 2026-06-15: Derivative disposal (M) — 10,000 shares @ $0.00 (reported as disposed).
• Shares owned after the transactions: not specified in the provided filing.
• Footnotes: Both the option exercise and the sale were effected pursuant to Rule 10b5-1 trading plans (footnotes F1 and F2). F1 notes the exercise was effected from a previously reported total.
• Filing timeliness: Transaction date 2026-06-15; Form 4 filed 2026-06-17 — filed two days after the transactions and appears timely under normal Form 4 reporting rules.

Context

• The derivative disposal recorded at $0.00 commonly indicates shares were surrendered (e.g., to cover exercise costs or tax withholding) rather than sold in the open market — this is consistent with a cashless exercise or share surrender scenario. The only open-market sale reported here is the 8,182-share sale for $77,402.
• Trades were done under pre-arranged 10b5-1 plans, which means the transactions were likely pre-scheduled and not ad hoc decisions based on current private information.