Form 4: American Battery Technology Co: CFO Jesse Samuel Deutsch Reports Stock Vesting and Tax Liability Sale
SEC Form 4 Filing
CFO of American Battery Technology Co, Jesse Samuel Deutsch, reports the vesting of common stock and subsequent sale to cover tax obligations.
Summary
- On July 1, 2024, Jesse Samuel Deutsch, CFO of American Battery Technology Co, acquired 33,334 shares of common stock due to vesting from a previous employment agreement.
- On July 5, 2024, Mr. Deutsch sold 12,326 shares of common stock at a price of $1.01 to cover tax liabilities associated with the vesting.
- Following these transactions, Mr. Deutsch beneficially owns 30,532 shares of American Battery Technology Co.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
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 financial interests of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Vesting of 33,334 shares of Common Stock |
| 07/05/2024 | Sale of 12,326 shares of Common Stock to cover tax liability |
| 07/05/2024 | Date of signature for the Form 4 filing |
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