Form 4: ABAT Officer's Stock Vesting and Tax-Related Sale

Sentiment:

Insider Transaction Report


AMERICAN BATTERY TECHNOLOGY Co's Chief Mineral Resource Officer, Scott Jolcover, reported the vesting of 8,333 shares and the subsequent sale of 2,454 shares to cover tax obligations.

Summary

  • Scott Jolcover, Chief Mineral Resource Officer of AMERICAN BATTERY TECHNOLOGY Co (ABAT), reported transactions involving the company's common stock.
  • On January 20, 2026, 8,333 shares of common stock vested, acquired at a price of $0.00 per share, as part of the company's employee equity compensation plan.
  • Following this vesting, Jolcover's beneficial ownership increased to 353,925 shares.
  • On January 21, 2026, 2,454 shares of common stock were disposed of at a price of $4.87 per share.
  • This disposition was specifically to cover tax liability associated with the aforementioned stock vesting.
  • After the tax-related sale, Jolcover's beneficial ownership stands at 351,471 shares of common stock.
  • The transaction was made pursuant to a Rule 10b5-1 plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving stock vesting and a tax-related sale, which is a neutral event for company performance or outlook.

Positives

  • The vesting of 8,333 shares of common stock indicates a component of executive compensation, aligning management's interests with shareholders.

Negatives

  • A disposition of 2,454 shares, even for tax purposes, slightly reduces the officer's direct ownership in the company.

Stakeholder Impact

  • Shareholders: The transaction is a routine insider compensation event and does not indicate a change in company fundamentals or strategy. The officer retains a significant stake, aligning interests.

Key Dates

DateDescription
01/20/2026Vesting of 8,333 shares of Common Stock pursuant to the Company's employee equity compensation plan.
01/21/2026Sale of 2,454 shares of Common Stock to cover tax liability associated with the vesting.
01/22/2026Date of filing of the Statement of Changes in Beneficial Ownership (Form 4).

Keywords

ABAT, Form 4, Insider Transaction, Stock Vesting, Equity Compensation, Scott Jolcover, Rule 10b5-1

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