Form 4: Atlas Lithium Corp Director Roger Noriega Reports Stock Sales

Director Roger Noriega of Atlas Lithium Corp reports selling shares of common stock in a series of transactions between September 9 and September 11, 2024.

Summary

• Roger Noriega, a director of Atlas Lithium Corp, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates that Noriega sold shares of Atlas Lithium Corp common stock between September 9 and September 11, 2024.
• On September 9, 2024, Noriega sold 2,000 shares at a price of $9.2 per share.
• On September 10, 2024, two transactions occurred where Noriega sold 1,000 shares at $9.05 and another 1,000 shares at $9.1.
• On September 11, 2024, Noriega sold 3,000 shares at $9.72 per share.
• Following these transactions, Noriega directly owns 380,201 shares of Atlas Lithium Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transactions.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider. It's common for directors and officers to buy and sell shares of their company's stock, and these transactions are subject to regulatory oversight to prevent insider trading.

Stakeholder Impact

• The stock sales by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.

Key Dates