Research Summary
AI-generated summary of this SEC filing
Atomera (ATOM) CFO Laurencio Francis Sells 6,504 Shares
What Happened
- Laurencio Francis, Chief Financial Officer of Atomera Inc. (ATOM), disposed of a total of 6,504 shares on 2026-09-01 in four open-market transactions at $4.05 per share, for aggregate proceeds of approximately $26,341. These sales were executed to cover tax withholding obligations tied to the vesting of previously granted restricted stock.
Key Details
- Transaction date and prices: 2026-09-01 — 2,515 shares @ $4.05 ($10,186); 1,020 shares @ $4.05 ($4,131); 2,085 shares @ $4.05 ($8,444); 884 shares @ $4.05 ($3,580).
- Total shares sold: 6,504; total proceeds: ~$26,341.
- Footnote: Sales were "sell-to-cover" to satisfy mandatory, non-discretionary tax withholding related to vested restricted stock (per Rule 10b5-1(c)(1)(ii)(D)(3)).
- Filing: Form 4 filed with the SEC on 2026-09-03 for trades on 2026-09-01 (appears timely). The filing excerpt provided does not state shares owned after the transactions.
Context
- These transactions are routine tax-withholding sell-to-cover sales tied to RSU vesting, not discretionary open-market sell decisions expressing a view on the company. Such sales are common when equity awards vest and are required to cover payroll taxes.