Form 4: Atomera CFO Francis Laurencio Sells Shares to Cover Tax Obligations

Atomera's CFO, Francis Laurencio, sold shares of common stock on March 3, 2025, to cover tax withholding obligations related to vesting restricted stock grants.

Summary

• On March 3, 2025, Francis Laurencio, the CFO of Atomera Inc., sold shares of the company's common stock.
• The sales were executed in multiple transactions at a price of $5.91 per share.
• A total of 2,457 shares were sold to cover tax withholding obligations associated with the vesting of restricted stock grants.
• Following these transactions, Laurencio directly owns 185,809 shares of Atomera Inc.
• The sales were conducted to satisfy mandatory non-discretionary tax withholding obligations through a 'sell to cover' transaction.

Sentiment

Score: 5

Explanation: This is a neutral event. The CFO sold shares to cover tax obligations, which is a common practice and doesn't necessarily reflect a change in sentiment towards the company.

Industry Context

Sales of shares to cover tax obligations are a common practice among corporate executives when restricted stock or options vest. This is a routine transaction and doesn't necessarily indicate a change in the executive's confidence in the company.

Key Dates