Atlas Lithium (ATLX) updates CFO RSUs with larger grant
Rhea-AI Filing Summary
Atlas Lithium Corp (ATLX) reported changes to equity compensation for its Chief Financial Officer, Tiago Miranda. On June 15, 2026, 30,000 previously reported restricted stock units (RSUs) were cancelled and 105,543 new RSUs were granted under the company’s 2023 Stock Incentive Plan. The new RSUs vest in four equal annual installments beginning on July 23, 2026, aligning vesting with a multi-year service period.
Positive
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Insider Trade Summary
Net Buyer: 75,543 shares
Net Buy
2 txns
Insider
Miranda Tiago
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 30,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 105,543 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 105,543 shares (Direct)
Footnotes (1)
- F1. On June 15, 2026, the Reporting Person entered into an Amended and Restated Employment Agreement with the Issuer, pursuant to which 30,000 previously reported restricted stock units ("RSUs") granted under the Issuer's 2023 Stock Incentive Plan (the "Plan") were cancelled and the Reporting Person was granted 105,543 new RSUs under the Plan. The new RSUs vest in four equal annual installments beginning on July 23, 2026.
Key Figures
RSUs cancelled: 30,000
New RSUs granted: 105,543
Vesting start date: July 23, 2026
+2 more
5 metrics
RSUs cancelled
30,000
Previously reported RSUs cancelled on June 15, 2026 under the 2023 Stock Incentive Plan
New RSUs granted
105,543
New RSUs granted to CFO Tiago Miranda on June 15, 2026 under the 2023 Stock Incentive Plan
Vesting start date
July 23, 2026
First vesting date for the new RSUs, which vest in four equal annual installments
Vesting installments
4
Number of equal annual installments for vesting of the 105,543 new RSUs
Transaction price per share
0.0000
Reported per-share price for both the RSU cancellation and grant entries
Key Terms
restricted stock units, 2023 Stock Incentive Plan, Amended and Restated Employment Agreement, vest in four equal annual installments
4 terms
restricted stock units financial
"30,000 previously reported restricted stock units ("RSUs") granted under the Issuer's 2023 Stock"
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.
2023 Stock Incentive Plan financial
"RSUs granted under the Issuer's 2023 Stock Incentive Plan (the "Plan") were cancelled"
Amended and Restated Employment Agreement financial
"the Reporting Person entered into an Amended and Restated Employment Agreement with the Issuer"
vest in four equal annual installments financial
"The new RSUs vest in four equal annual installments beginning on July 23, 2026"
FAQ
What insider equity transactions did ATLX report for Tiago Miranda on June 15, 2026?
Atlas Lithium reported that 30,000 RSUs were cancelled and 105,543 new RSUs were granted to CFO Tiago Miranda under the 2023 Stock Incentive Plan, reflecting a modification of his employment-related equity compensation.
How many new RSUs were granted to the ATLX CFO in the latest Form 4?
Tiago Miranda was granted 105,543 new restricted stock units. These RSUs were issued under Atlas Lithium’s 2023 Stock Incentive Plan pursuant to an Amended and Restated Employment Agreement dated June 15, 2026, replacing a prior 30,000-RSU award.
What RSU award was cancelled in the Atlas Lithium (ATLX) Form 4 filing?
The filing states that 30,000 previously reported RSUs granted to CFO Tiago Miranda under the 2023 Stock Incentive Plan were cancelled. This cancellation coincided with the grant of a larger 105,543-RSU award under a new employment agreement.
What is the vesting schedule of the new RSUs granted by Atlas Lithium (ATLX)?
The 105,543 new RSUs vest in four equal annual installments starting on July 23, 2026. This means one-quarter of the award becomes vested each year over four years, subject to the terms of the 2023 Stock Incentive Plan and the employment agreement.
Why were new RSUs granted to the ATLX CFO according to the Form 4 footnote?
The Form 4 explains that the changes followed an Amended and Restated Employment Agreement between Atlas Lithium and CFO Tiago Miranda. Under this agreement, 30,000 prior RSUs were cancelled and 105,543 new RSUs were granted under the 2023 Stock Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
