Atlas Lithium insider Form 4 shows 27,272-share sale at $4.45
Rhea-AI Filing Summary
Atlas Lithium Corp (ATLX) reports an insider stock sale by its Chief Executive Officer, Marc Fogassa, who is also a director and 10% owner. On 11/13/2025, 27,272 shares of common stock were disposed of at a price of $4.4518 per share. After this transaction, the reporting person beneficially owns 4,607,468 shares directly and 105,608 shares indirectly through entities he controls. The sale was executed by Goldman Sachs & Co. LLC under a previously established Rule 10b5-1 trading plan.
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FAQ
What insider transaction did Atlas Lithium Corp (ATLX) report?
Atlas Lithium Corp reported that its CEO, director, and 10% owner Marc Fogassa disposed of 27,272 shares of common stock on 11/13/2025.
At what price were the Atlas Lithium (ATLX) shares sold in this Form 4 filing?
The 27,272 shares of Atlas Lithium common stock were sold at a price of $4.4518 per share.
How many Atlas Lithium (ATLX) shares does the insider own after the reported sale?
Following the transaction, Marc Fogassa beneficially owns 4,607,468 shares directly and 105,608 shares indirectly through entities he controls.
What is the relationship of the reporting person to Atlas Lithium Corp (ATLX)?
The reporting person, Marc Fogassa, is a director, Chief Executive Officer, and a 10% owner of Atlas Lithium Corp.
Was the Atlas Lithium (ATLX) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the disposition was effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan.
Does the insider hold any Atlas Lithium (ATLX) shares indirectly?
Yes. The filing notes that 105,608 shares of common stock are held indirectly by entities controlled by the reporting person.