Atlas Lithium (ATLX) CFO executes 10,231-share sale under 10b5-1 plan

Rhea-AI Filing Summary

Atlas Lithium Corp’s Chief Financial Officer Tiago Miranda reported two open-market sales of common stock. On April 16, he sold 4,400 shares at $5.00 per share, followed on April 17 by a sale of 5,831 shares at $5.03 per share.

The filing notes these dispositions were effected by XP Investments US LLC under a previously established Rule 10b5-1 trading plan, indicating the sales were pre-arranged. After these transactions, Miranda directly holds 30,000 shares of Atlas Lithium common stock.

Insider Trade Summary

Net Seller: 10,231 shares ($51,330)

Net Sell 2 txns

Insider Miranda Tiago

Role CHIEF FINANCIAL OFFICER

Sold 10,231 shs ($51K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,831	$5.03	$29K
Sale	Common Stock	4,400	$5.00	$22K

Holdings After Transaction: Common Stock — 30,000 shares (Direct, null)

Footnotes (1)

1. Disposition effected by XP Investments US LLC pursuant to a previously established Rule 10b5-1 plan. Represents restricted stock units that vest in three (3) equal annual installments beginning on July 23, 2026, and annually thereafter until fully vested.

Key Figures

Shares sold 2026-04-16: 4,400 shares at $5.00 Shares sold 2026-04-17: 5,831 shares at $5.03 Total shares sold: 10,231 shares +1 more

4 metrics

Shares sold 2026-04-16 4,400 shares at $5.00 Open-market sale of common stock

Shares sold 2026-04-17 5,831 shares at $5.03 Open-market sale of common stock

Total shares sold 10,231 shares Net shares sold across two transactions

Shares held after sales 30,000 shares CFO’s direct common stock holdings post-transaction

Key Terms

Rule 10b5-1 plan, open-market sale, restricted stock units

3 terms

Rule 10b5-1 plan financial

"Disposition effected by XP Investments US LLC pursuant to a previously established Rule 10b5-1 plan."

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

open-market sale financial

"transaction_action: open-market sale"

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.

restricted stock units financial

"Represents restricted stock units that vest in three (3) equal annual installments"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Form 4 Insider Transactions: What Each Field Means →

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^*

Miranda Tiago

(Last) (First) (Middle)

ALAMEDA DO INGA, 685, AP 2404

(Street)

NOVA LIMA MG 34006-042

(City) (State) (Zip)

BRAZIL

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026

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

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

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

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	04/16/2026		S(1)		4,400	D	$5	35,831	D
Common Stock	04/17/2026		S(1)		5,831	D	$5.03	30,000(2)	D

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 XP Investments US LLC pursuant to a previously established Rule 10b5-1 plan.

2. Represents restricted stock units that vest in three (3) equal annual installments beginning on July 23, 2026, and annually thereafter until fully vested.

	/s/ Tiago Miranda	04/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Atlas Lithium (ATLX) disclose for Tiago Miranda?

Atlas Lithium reported that CFO Tiago Miranda executed two open-market sales of common stock, totaling 10,231 shares. The sales occurred on April 16 and 17 at prices of $5.00 and $5.03 per share, respectively, under a pre-arranged trading plan.

How many Atlas Lithium (ATLX) shares did the CFO sell and at what prices?

The CFO sold 4,400 shares at $5.00 per share on April 16 and 5,831 shares at $5.03 per share on April 17. In total, he disposed of 10,231 shares of Atlas Lithium common stock through open-market sales.

How many Atlas Lithium (ATLX) shares does the CFO hold after these sales?

After completing the reported transactions, CFO Tiago Miranda directly holds 30,000 shares of Atlas Lithium common stock. This post-transaction holding reflects his remaining equity stake as disclosed in the Form 4 following the April 2026 open-market sales.

Were the Atlas Lithium (ATLX) insider sales made under a Rule 10b5-1 plan?

Yes. A footnote states the disposition was effected by XP Investments US LLC under a previously established Rule 10b5-1 plan. Such plans pre-schedule trades, indicating these sales were arranged in advance rather than timed discretionarily by the insider.

What type of security did the Atlas Lithium (ATLX) CFO sell in the Form 4 filing?

The reported transactions involve sales of Atlas Lithium common stock. Both entries are non-derivative securities, reflecting direct open-market sales rather than exercises or conversions of options, warrants, or other derivative instruments in this particular filing.

Does the Atlas Lithium (ATLX) Form 4 mention any restricted stock units for the CFO?

Yes. A footnote explains that certain restricted stock units will vest in three equal annual installments beginning on July 23, 2026. This indicates a portion of the CFO’s compensation is subject to future time-based vesting conditions.