Atlas Lithium director sells 10,150 common shares
Atlas Lithium Corp director Roger Noriega reported selling a total of 10,150 shares of common stock in open-market transactions.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Atlas Lithium Corp director Roger Noriega reported selling a total of 10,150 shares of common stock in open-market transactions. He sold 10,000 shares at $4.70 per share and 150 shares at $4.73 per share. After these sales, he holds 255,051 shares directly.
Insider Trade Summary
Net Seller: 10,150 shares
Net Sell
2 txns
Insider
Noriega Roger
Role
Director
Sold
10,150 shs ($48K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $4.70 | $47K |
| Sale | Common Stock | 150 | $4.73 | $709.50 |
Holdings After Transaction:
Common Stock — 255,051 shares (Direct)
Key Figures
Shares sold (first trade): 10,000 shares
Price per share (first trade): $4.70/share
Shares sold (second trade): 150 shares
+3 more
6 metrics
Shares sold (first trade)
10,000 shares
Common Stock sold at $4.70 on 2026-04-15
Price per share (first trade)
$4.70/share
Open-market sale of Common Stock on 2026-04-15
Shares sold (second trade)
150 shares
Common Stock sold at $4.73 on 2026-04-15
Price per share (second trade)
$4.73/share
Open-market sale of Common Stock on 2026-04-15
Total shares sold
10,150 shares
Net-sell across two open-market transactions
Shares owned after transactions
255,051 shares
Direct Common Stock holdings following sales
Key Terms
Form 4, open-market sale, Common Stock, non-derivative, +1 more
5 terms
Form 4 regulatory
"and were disclosed in a Form 4 insider trading report filed"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"Noriega sold 10,150 shares of common stock in open-market transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"shares of Atlas Lithium common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"were labeled as non-derivative, meaning they directly involved common shares"
net-sell financial
"transactionSummary includes a net-sell direction for total shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Atlas Lithium (ATLX) report for Roger Noriega?
Atlas Lithium reported that director Roger Noriega sold 10,150 shares of common stock in open-market transactions. The sales occurred at prices of $4.70 and $4.73 per share and were disclosed in a Form 4 insider trading report filed with regulators.
What was the direction and type of Roger Noriega’s Atlas Lithium (ATLX) trades?
The trades were classified as open-market sales of Atlas Lithium common stock. Both transactions used code “S,” indicating sales rather than purchases, and were labeled as non-derivative, meaning they directly involved common shares instead of options or other derivatives.
Does Roger Noriega’s Atlas Lithium (ATLX) Form 4 show any options or derivatives?
The Form 4 summary shows no derivative transactions or remaining derivative positions for Roger Noriega. All reported activity involves non-derivative common stock, and the derivative section of the filing is empty for this reporting period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
