Atomera CTO sells 12,679 shares at up to $4.05
Atomera’s chief technology officer reported Rule 10b5-1 share sales and mandatory sell-to-cover transactions, while retaining an indirect holding through a spouse.
Rhea-AI Filing Summary
Atomera Inc (ATOM) reported that its Chief Technology Officer, Robert J. Mears, sold a total of 12,679 shares of common stock on September 1–2, 2026, at prices of $4.05 and $3.87 per share. All reported sales were effected under Rule 10b5-1 trading arrangements, and a portion of the shares was sold solely to cover tax withholding obligations arising from vested restricted stock grants. As of September 1, 2026, 2,666 shares of Atomera common stock were held indirectly through Mears’ spouse.
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Insider Trade Summary 10b5-1
Net Seller: 12,679 shares
Net Sell
7 txns
Insider
Mears Robert J
Role
Chief Technology Officer
Sold
12,679 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 6,312 | $3.87 | $24K |
| Sale | Common Stock F1 | 1,000 | $4.05 | $4K |
| Sale | Common Stock F2 | 2,192 | $4.05 | $9K |
| Sale | Common Stock F2 | 889 | $4.05 | $4K |
| Sale | Common Stock F2 | 1,515 | $4.05 | $6K |
| Sale | Common Stock F2 | 771 | $4.05 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 258,036 shares (Direct);
Common Stock — 2,666 shares (Indirect, By Spouse)
Footnotes (2)
- F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock grants that were previously reported. This sale is to satisfy mandatory non-discretionary tax withholding obligations by a "sell to cover" transaction pursuant to Rule 10b5-1(c)(1)(ii)(D)(3) under the Exchange Act.
Key Figures
Total shares sold: 12,679 shares
Sale price on September 2, 2026: $3.87 per share
Sale price on September 1, 2026: $4.05 per share
+2 more
5 metrics
Total shares sold
12,679 shares
Common stock sales by the chief technology officer reported for September 1–2, 2026
Sale price on September 2, 2026
$3.87 per share
6,312 shares of Atomera common stock sold on September 2, 2026
Sale price on September 1, 2026
$4.05 per share
Multiple sale tranches of common stock on September 1, 2026
Indirect holdings by spouse
2,666 shares
Common stock held indirectly through the spouse of Robert J. Mears as of September 1, 2026
Rule 10b5-1 plan status
Sales effected pursuant to Rule 10b5-1 trading arrangements
Footnotes describing the trading plan and sell-to-cover mechanics
Key Terms
Rule 10b5-1 trading plan, sell to cover, restricted stock grants, tax withholding obligations
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
sell to cover financial
"This sale is to satisfy mandatory non-discretionary tax withholding obligations by a "sell to cover" transaction pursuant to Rule 10b5-1(c)(1)(ii)(D)(3) under the Exchange Act."
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.
restricted stock grants financial
"Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock grants that were previously reported."
Equity awards that give recipients actual company shares that cannot be sold, transferred, or are forfeitable until certain conditions—like time-based vesting, performance targets, or continued employment—are met. Like a gift card that only becomes usable after hitting milestones, restricted stock grants matter to investors because they affect how many shares may enter the market later, indicate insider ownership and incentives, and influence dilution and management alignment.
tax withholding obligations financial
"Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock grants that were previously reported."
FAQ
What insider transactions did ATOM report for Chief Technology Officer Robert J. Mears?
Atomera reported that Chief Technology Officer Robert J. Mears sold 12,679 shares of common stock on September 1–2, 2026, in a series of open market or private transactions under Rule 10b5-1 trading arrangements.
Were any of the ATOM insider sales made to cover tax withholding?
Yes. Part of the reported 12,679-share total represents shares sold by Robert J. Mears to cover tax withholding obligations related to the vesting of previously reported restricted stock grants, through a mandatory non-discretionary sell-to-cover transaction.
Were the ATOM insider transactions made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states that the sales were effected pursuant to Rule 10b5-1 trading arrangements adopted by Robert J. Mears, including a sell-to-cover transaction made under Rule 10b5-1(c)(1)(ii)(D)(3) under the Exchange Act.
Does the ATOM insider retain any indirect holdings after these transactions?
Yes. As of September 1, 2026, 2,666 shares of Atomera common stock were held indirectly through the spouse of Robert J. Mears, as disclosed in the Form 4 under indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
