ATLX (NASDAQ: ATLX) Form 144: Marc Fogassa selling 388,890 shares
Rhea-AI Filing Summary
ATLX submitted a Form 144 notice to sell 388,890 shares of Common Stock, dated 03/18/2026. The filing lists recent open‑market dispositions by Marc Fogassa, including sales of 27,272 shares on 01/13/2026 for $153,437.73 and 27,272 shares on 03/09/2026 for $131,170.14.
The Form 144 identifies the issuer as the buyer of the originally acquired shares (acquired 02/15/2017) and reports multiple executed sales in the prior three months with per‑trade proceeds shown. The filing documents the intended aggregate sale amount and recent transactions; timing and execution details for the remaining shares are governed by Rule 144 procedures.
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Insights
Form 144 notifies market of a Rule 144 resale of 388,890 Common Shares.
Form 144 is a statutory notice under Rule 144 describing an intended resale by an affiliate or control person. The filing shows 388,890 shares for sale as of 03/18/2026, with prior executed sales listed by date and gross proceeds.
Key dependencies include compliance with Rule 144 conditions (holding period, current public information, volume limitations). Subsequent filings or broker reports will clarify whether the remaining shares are sold under volume limits or in multiple transactions.
Recent transactions show routine dispositions by Marc Fogassa with discrete per‑trade proceeds.
The excerpt lists five past sales of 27,272 shares each on various dates, with proceeds ranging from $122,369.46 to $153,437.73. These entries document realized liquidity events but do not by themselves indicate further volume or timing.
Watch for separate trade reports or amendments that disclose how the 388,890 shares will be allocated across trading methods; subsequent public filings will show actual execution against the notice.