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Atlas Lithium (ATLX) CEO logs issuer stock dispositions under 10b5-1 plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Atlas Lithium Corp Chief Executive Officer Marc Fogassa reported two dispositions to the issuer of common stock: 2,243 shares at $3.018 on July 23, 2026 and 26,420 shares at $3.0131 on July 22, 2026. A footnote states these dispositions were effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan. Separately, Fogassa reports indirect ownership of 105,608 common shares held through entities he controls.

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Insider Fogassa Marc
Role Chief Executive Officer
Type Security Shares Price Value
Disposition Common Stock F1 2,243 $3.018 $7K
Disposition Common Stock F1 26,420 $3.0131 $80K
holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 4,962,730 shares (Direct); Common Stock — 105,608 shares (Indirect, See footnote)
Footnotes (2)
  1. F1. Disposition effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan.
  2. F2. Common stock held indirectly by entities controlled by the reporting person.
Shares disposed on 2026-07-23 2,243 shares Common Stock disposition to issuer at $3.018 per share by Marc Fogassa
Shares disposed on 2026-07-22 26,420 shares Common Stock disposition to issuer at $3.0131 per share by Marc Fogassa
Indirect holdings reported 105,608 shares Common Stock held indirectly by entities controlled by the reporting person
Disposition to issuer financial
"reported two dispositions to the issuer of common stock"
Rule 10b5-1 plan regulatory
"effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
indirect ownership financial
"reports indirect ownership of 105,608 common shares held through entities he controls"

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FAQ

What insider transactions did Atlas Lithium (ATLX) CEO Marc Fogassa report?

Marc Fogassa reported two dispositions to the issuer of Atlas Lithium common stock: 2,243 shares on July 23, 2026 and 26,420 shares on July 22, 2026. Both transactions involved direct holdings of common stock.

At what prices were the Atlas Lithium (ATLX) shares disposed of by the CEO?

The CEO’s dispositions were reported at $3.018 per share for 2,243 shares and $3.0131 per share for 26,420 shares. These values reflect per-share amounts for issuer dispositions of Atlas Lithium common stock.

Were the Atlas Lithium (ATLX) CEO’s share dispositions under a Rule 10b5-1 plan?

A footnote states the dispositions were effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan. This indicates the transactions followed a pre-arranged trading framework rather than discretionary timing.

How many Atlas Lithium (ATLX) shares does the CEO still hold after these transactions?

The filing reports 105,608 common shares held indirectly by entities controlled by Marc Fogassa. This reflects indirect ownership; the filing does not state a total for his remaining directly held shares after the reported dispositions.

What type of Form 4 code was used for the Atlas Lithium (ATLX) CEO’s transactions?

Both transactions use code D, described as a “Disposition to issuer” of common stock. This indicates shares were transferred to Atlas Lithium Corp itself, rather than reported as open-market purchases or sales.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fogassa Marc

(Last)(First)(Middle)
1200 N. FEDERAL HWY,
SUITE 200

(Street)
BOCA RATON FLORIDA 33432

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Atlas Lithium Corp [ ATLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/22/2026D26,420D(1)$3.01314,964,973D
Common Stock07/23/2026D2,243D(1)$3.0184,962,730D
Common Stock105,608ISee footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Disposition effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan.
2. Common stock held indirectly by entities controlled by the reporting person.
/s/ Marc Fogassa07/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)