Atlas Lithium CEO Marc Fogassa sells 27,272 shares via plan
Atlas Lithium Corp insider Marc Fogassa, the company’s CEO, director and a 10% owner, reported a sale of common stock.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 27,272 | $4.3543 | $119K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Disposition effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan.
- F2. Common stock held indirectly by entities controlled by the reporting person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.