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Atlas Lithium (ATLX) CEO Fogassa reports 27,272-share disposition to issuer

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Atlas Lithium Corp CEO Marc Fogassa reported a disposition to the issuer of 27,272 shares of common stock at $4.487 per share on February 12, 2026. The transaction was effected by Goldman Sachs & Co. LLC under a previously established Rule 10b5-1 trading plan.

Following this transaction, Fogassa directly beneficially owned 4,871,104 shares of Atlas Lithium common stock and indirectly beneficially owned an additional 105,608 shares through entities he controls.

Positive

  • None.

Negative

  • None.
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
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 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)
02/12/2026
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 02/12/2026 D 27,272 D(1) $4.487 4,871,104 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 02/13/2026
** 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 ATLX CEO Marc Fogassa report on February 12, 2026?

Marc Fogassa reported a disposition to the issuer of 27,272 Atlas Lithium common shares at $4.487 each. The transaction occurred on February 12, 2026 and was executed by Goldman Sachs & Co. LLC under a pre-established Rule 10b5-1 plan.

How many Atlas Lithium (ATLX) shares does Marc Fogassa own after this Form 4?

After the reported transaction, Marc Fogassa beneficially owned 4,871,104 Atlas Lithium common shares directly. He also indirectly owned 105,608 additional common shares through entities he controls, according to the filing’s ownership table and explanatory footnote.

Was the ATLX CEO’s 27,272-share transaction an open-market sale?

The filing classifies the 27,272-share transaction as a disposition to the issuer, coded as “D.” A footnote explains that Goldman Sachs & Co. LLC effected the disposition pursuant to a previously established Rule 10b5-1 trading plan, rather than a discretionary open-market sale.

Who executed the 27,272-share disposition reported in the ATLX Form 4?

The disposition was effected by Goldman Sachs & Co. LLC under a Rule 10b5-1 plan. The Form 4 states this in a footnote, while identifying Marc Fogassa, Atlas Lithium’s Chief Executive Officer, director, and 10% owner, as the reporting person for the transaction.

What indirect Atlas Lithium (ATLX) holdings does Marc Fogassa report?

The Form 4 discloses 105,608 Atlas Lithium common shares held indirectly. A footnote explains these shares are held by entities controlled by Marc Fogassa, indicating beneficial ownership through those entities rather than direct personal registration in his own name.

What roles does Marc Fogassa hold at Atlas Lithium (ATLX) according to this filing?

Marc Fogassa is identified as a director, Chief Executive Officer, and a 10% owner of Atlas Lithium Corp. These roles are indicated in the relationship section of the Form 4, which also confirms the filing is made by a single reporting person.
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Mining & Quarrying of Nonmetallic Minerals (no Fuels)
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