Form 4: American Battery Technology Co: CEO Ryan Mitchell Melsert Reports Stock Vesting and Tax Liability Sale
SEC Filing
CEO Ryan Mitchell Melsert reports the vesting of common stock and subsequent sale to cover tax obligations.
Summary
- Ryan Mitchell Melsert, CEO of American Battery Technology Co (ABAT), reported transactions involving the company's common stock.
- On April 3, 2025, Melsert acquired 9,909 shares of common stock due to vesting from his employment agreement and 10,938 shares due to vesting from the company's employee equity compensation plan, both at a price of $0.00.
- On April 4, 2025, Melsert sold 5,494 shares of common stock at $0.94 per share to cover tax liabilities associated with the vesting of the stock.
- Following these transactions, Melsert beneficially owns 1,691,152 shares of American Battery Technology Co.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Vesting of 9,909 shares of common stock from employment agreement. |
| 04/03/2025 | Vesting of 10,938 shares of common stock from employee equity compensation plan. |
| 04/04/2025 | Sale of 5,494 shares at $0.94 to cover tax liability. |
| 04/04/2025 | Date of signature for the report. |
Keywords
Form 4, ABAT, American Battery Technology Co, Ryan Mitchell Melsert, Stock Vesting, Tax Liability, Beneficial Ownership, Common Stock
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