Atomera (NASDAQ: ATOM) CTO sells 5,453 shares in tax withholding trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atomera Inc Chief Technology Officer Robert J. Mears reported open-market sales of a total of 5,453 shares of common stock on June 1, 2026 at prices between $9.51 and $9.52 per share.
According to the footnote, these shares were sold under a mandatory, non-discretionary "sell to cover" arrangement to satisfy tax withholding obligations tied to previously reported restricted stock vesting, executed pursuant to Rule 10b5-1(c)(1)(ii)(D)(3). After these transactions, he holds 282,620 shares directly and 2,666 shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,453 shares ($51,904)
Net Sell
5 txns
Insider
Mears Robert J
Role
Chief Technology Officer
Sold
5,453 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 783 | $9.52 | $7K |
| Sale | Common Stock | 2,227 | $9.52 | $21K |
| Sale | Common Stock | 1,539 | $9.52 | $15K |
| Sale | Common Stock | 904 | $9.51 | $9K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 282,620 shares (Direct, null);
Common Stock — 2,666 shares (Indirect, by Spouse)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,453 shares
Sale prices: $9.51–$9.52 per share
Direct holdings after: 282,620 shares
+2 more
5 metrics
Shares sold
5,453 shares
Open-market sales on June 1, 2026
Sale prices
$9.51–$9.52 per share
Prices for reported common stock sales
Direct holdings after
282,620 shares
Common stock directly owned after transactions
Indirect holdings after
2,666 shares
Common stock held indirectly by spouse
Transaction count
4 sales, 1 holding entry
Form 4 transaction summary
Key Terms
restricted stock grants, sell to cover, Rule 10b5-1(c)(1)(ii)(D)(3), mandatory non-discretionary tax withholding obligations
4 terms
restricted stock grants financial
"in connection with the vesting ofrestricted stock grants that were previously reported"
sell to cover financial
"This sale is to satisfy mandatory non-discretionary tax withholding obligations by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
Rule 10b5-1(c)(1)(ii)(D)(3) regulatory
"pursuant to Rule 10b5-l(c)(l)(ii)(D)(3) under the Exchange Act"
mandatory non-discretionary tax withholding obligations financial
"to satisfy mandatory non-discretionary tax withholding obligations by a "sell to cover" transaction"
FAQ
What insider transaction did Atomera (ATOM) report for Robert J. Mears?
Atomera reported that CTO Robert J. Mears sold 5,453 shares of common stock. The sales occurred on June 1, 2026, at prices between $9.51 and $9.52 per share, and were linked to tax withholding on vested restricted stock grants.