New Atlas Critical Minerals (ATCX) CFO hired with $12k salary, RSUs

Rhea-AI Filing Summary

Atlas Critical Minerals Corporation reported that its Chief Financial Officer and Treasurer, Rodrigo Menck, resigned effective April 1, 2026, for personal reasons, with no disagreements regarding the company’s operations, policies, or practices.

The board appointed Virgilio Lira Santiago, age 45, as the new CFO and Treasurer effective April 7, 2026. Santiago brings 20 years of experience in corporate finance and controllership across several industrial and engineering companies in Brazil and Latin America.

His compensation includes a $12,000 monthly salary, bonuses tied to timely SEC filings, a grant of 10,000 restricted stock units vesting over four years, and health insurance reimbursement. The company states there are no family relationships or related-party transactions involving Santiago.

Key Figures

Monthly salary: $12,000 per month Annual bonus for Form 6-K: $12,000 per year Annual bonus for Form 20-F: $24,000 per year +5 more

8 metrics

Monthly salary $12,000 per month CFO compensation effective April 7, 2026

Annual bonus for Form 6-K $12,000 per year Tied to timely bi-annual financial reporting on Form 6-K

Annual bonus for Form 20-F $24,000 per year Tied to timely filing of Annual Report on Form 20-F

Restricted stock units 10,000 RSUs Time-based grant vesting over four years from grant anniversary

Appointment date April 7, 2026 Effective date of Virgilio Santiago as CFO and Treasurer

Former CFO resignation date April 1, 2026 Effective resignation date of CFO and Treasurer Rodrigo Menck

CFO age 45 years Age of newly appointed CFO and Treasurer

Experience in finance 20 years CFO’s experience in corporate finance, controllership and governance

Key Terms

restricted stock units, Form 6-K, Form 20-F, Compensation Committee, +1 more

5 terms

restricted stock units financial

"a grant of 10,000 time-based restricted stock units that shall vest over four years"

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.

Form 6-K regulatory

"an annual bonus of $12,000 subject to the timely filing of the Company’s bi-annual financial reporting on Form 6-K"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

Form 20-F regulatory

"an annual bonus of $24,000 subject to the timely filing of the Company’s Annual Report on Form 20-F"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

Compensation Committee financial

"the Compensation Committee of the Board recommended, and the Board subsequently approved, compensation for Mr. Santiago"

A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

related party transactions financial

"The Company is not aware of any related party transactions involving Mr. Santiago"

Transactions between a company and people or entities that have close ties to it—such as executives, board members, major shareholders, family members, or related companies—where the parties are not independent. These deals matter to investors because they can create conflicts of interest or hide favorable terms that distort a company’s true profits and risks; think of it like a business buying or selling to a family member instead of using the open market, which can lead to biased prices or undisclosed obligations.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number 001-43042

ATLAS CRITICAL MINERALS CORPORATION

(Translation of registrant’s name into English)

Rua Antônio de Albuquerque, 156, Suite 1720

Belo Horizonte, Minas Gerais, Brazil, 30112-010

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

Resignation of Rodrigo Menck as Chief Financial Officer and Treasurer

On April 1, 2026, Mr. Rodrigo Menck notified Atlas Critical Minerals Corporation (the “Company”) that he was resigning as the Company’s Chief Financial Officer (“CFO”) and Treasurer, effective immediately. Mr. Menck resigned for personal reasons and not from any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

Appointment of Virgilio Lira Santiago as CFO and Treasurer

The Company’s Board of Directors (the “Board”) approved the appointment of Virgilio Santiago, age 45, as the Company’s CFO and Treasurer, effective on April 7, 2026 (the “Appointment Date”).

Mr. Santiago has 20 years of experience in corporate finance, controllership and governance. From January 2024 to April 2026, Mr. Santiago served as CFO of Araguaia Níquel Metais Ltda., where he oversaw the financial management of a large-scale greenfield nickel project, having previously served as Controllership Manager from January 2022 to December 2023. From January 2019 to December 2021, Mr. Santiago held various finance leadership roles at Ausenco Engenharia, including Regional Senior FP&A Manager for Latin America and Finance Manager for Brazil, overseeing financial planning and analysis. From July 2016 to December 2018, Mr. Santiago served as Controllership Manager at Boart Longyear Company in Brazil. Mr. Santiago holds a Bachelor of Arts degree in Economics from PUC Minas, graduating in 2006.

In connection with his appointment and effective as of the Appointment Date, the Compensation Committee of the Board recommended, and the Board subsequently approved, compensation for Mr. Santiago consisting of: (i) a monthly salary of $12,000, (ii) an annual bonus of $12,000 subject to the timely filing of the Company’s bi-annual financial reporting on Form 6-K, (iii) an annual bonus of $24,000 subject to the timely filing of the Company’s Annual Report on Form 20-F, (iv) a grant of 10,000 time-based restricted stock units that shall vest over four years in equal annual installments beginning on the first anniversary of the grant date, subject to Mr. Santiago’s continued service to the Company as of each applicable vesting date, and (v) reimbursement for health insurance coverage.

There are no family relationships between Mr. Santiago and any director or executive officer of the Company, and there are no arrangements or understandings with any other person pursuant to which Mr. Santiago was selected as an officer. The Company is not aware of any related party transactions involving Mr. Santiago.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 7, 2026	ATLAS CRITICAL MINERALS CORPORATION
	By:	/s/ Marc Fogassa
		Marc Fogassa
		Chief Executive Officer

FAQ

Why did Atlas Critical Minerals (ATCX) CFO Rodrigo Menck resign?

Rodrigo Menck resigned for personal reasons, effective April 1, 2026. The company states his departure did not involve any disagreement over operations, policies, or practices, suggesting a routine leadership change rather than a conflict-driven exit.

Who is the new CFO of Atlas Critical Minerals (ATCX)?

Atlas Critical Minerals appointed Virgilio Lira Santiago as CFO and Treasurer, effective April 7, 2026. He has 20 years of experience in corporate finance, controllership and governance, including senior roles at Araguaia Níquel Metais, Ausenco Engenharia and Boart Longyear in Brazil.

What compensation will the new ATCX CFO receive?

Virgilio Santiago will receive a $12,000 monthly salary, two annual cash bonuses tied to timely SEC filings totaling $36,000, a grant of 10,000 time-based restricted stock units vesting over four years, plus reimbursement for health insurance coverage.

How are the ATCX CFO’s bonuses structured?

The new CFO is eligible for a $12,000 annual bonus if bi-annual Form 6-K financials are filed on time, and a $24,000 annual bonus if the Annual Report on Form 20-F is filed timely, directly linking incentives to regulatory reporting deadlines.

Are there any related-party concerns with Atlas Critical Minerals’ new CFO?

The company states there are no family relationships between Virgilio Santiago and any director or executive officer. It also reports it is not aware of any related party transactions involving him, aiming to reassure investors about governance and independence.

What equity incentives did Atlas Critical Minerals grant its new CFO?

The new CFO received 10,000 restricted stock units, vesting in equal annual installments over four years starting on the first anniversary of the grant date. Vesting requires his continued service, aligning his long-term compensation with company performance and retention.