Form 4: 5E Advanced Materials Director Barry Dick Reports Share Transactions
SEC Form 4
Director Barry Dick reports acquisition and disposal of common stock and restricted stock units (RSUs) of 5E Advanced Materials.
Summary
- On July 1, 2024, Director Barry Dick acquired 706 shares of common stock through the vesting of Director RSUs.
- Also on July 1, 2024, Dick disposed of 262 shares of common stock at a price of $1.3.
- Following these transactions, Dick directly owns 444 shares of common stock.
- On June 28, 2024, Dick was granted 706 Director RSUs that vest on July 1, 2024.
- The reporting person has a contingent right to receive one share of 5E Advanced Material, Inc.'s common stock for each RSU.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's stock transactions, providing transparency.
Key Dates
| Date | Description |
|---|---|
| May 20, 2024 | Power of Attorney executed. |
| June 28, 2024 | Director RSUs granted. |
| July 1, 2024 | RSUs vest and shares acquired; shares disposed of. |
| July 2, 2024 | Date of signature for the Form 4 filing. |
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