Atlas Lithium (ATLX) CEO Marc Fogassa discloses 27,272-share sale in Form 4 filing

Rhea-AI Filing Summary

Atlas Lithium Corp insider Marc Fogassa, the company’s CEO, director and a 10% owner, reported a sale of common stock. On 12/12/2025, 27,272 shares were disposed of at an average price of $4.3543 per share, coded as a disposition. The transaction was carried out by Goldman Sachs & Co. LLC under a previously established Rule 10b5-1 trading plan, indicating it followed pre-set instructions rather than a discretionary trade.

Following this sale, Fogassa beneficially owns 4,552,924 Atlas Lithium shares directly and an additional 105,608 shares indirectly through entities he controls. The filing is made by a single reporting person.

SEC Form 4

FORM 4

UNITED 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

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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 FL 33432

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlas Lithium Corp [ ATLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/12/2025		D		27,272	D(1)	$4.3543	4,552,924	D
Common Stock								105,608	I	See 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Fogassa	12/12/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Atlas Lithium (ATLX) disclose in this Form 4?

Atlas Lithium disclosed that Marc Fogassa disposed of 27,272 shares of the company’s common stock on 12/12/2025 at an average price of $4.3543 per share.

Who is Marc Fogassa in relation to Atlas Lithium (ATLX)?

Marc Fogassa is reported as a director, a 10% owner, and the company’s Chief Executive Officer of Atlas Lithium Corp.

How many Atlas Lithium (ATLX) shares does Marc Fogassa own after the transaction?

After the reported sale, Marc Fogassa beneficially owns 4,552,924 Atlas Lithium common shares directly and 105,608 shares indirectly through entities he controls.

At what price were the Atlas Lithium (ATLX) shares sold in this Form 4?

The Form 4 states that the 27,272 Atlas Lithium shares were disposed of at an average price of $4.3543 per share.

Was the Atlas Lithium (ATLX) share sale made under a Rule 10b5-1 plan?

Yes. The disposition was effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan, as noted in the explanation of responses.