Atlas Lithium (ATLX) CEO Fogassa reports 27,272-share disposition to issuer
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fogassa Marc
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 27,272 | $4.487 | $122K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,871,104 shares (Direct);
Common Stock — 105,608 shares (Indirect, See footnote)
Footnotes (1)
- Disposition effected by Goldman Sachs & Co. LLC pursuant to a previously established Rule 10b5-1 plan. Common stock held indirectly by entities controlled by the reporting person.
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.
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.