Form 4: American Battery Technology Co. COO Reports Stock and Warrant Transactions
SEC Form 4 Filing
Andres Manuel Meza Leal, Chief Operating Officer of American Battery Technology Co., reports stock vesting, tax-related stock sales, and warrant vesting.
Summary
- On April 5, 2024, Andres Manuel Meza Leal, the Chief Operating Officer of American Battery Technology Co., acquired 3,274 shares of common stock due to vesting from his employment agreement.
- He also acquired 9,375 shares of common stock due to vesting from the company's employee equity compensation plan on the same day.
- On April 8, 2024, he disposed of 2,892 shares of common stock at a price of $1.83 to cover tax liabilities associated with the vesting of stock.
- Also on April 4, 2024, warrants vested for 2,553 shares at an exercise price of $6.60, 907 shares at an exercise price of $6.53, and 6,566 shares at an exercise price of $4.33.
- Following these transactions, Meza Leal directly owns 145,369 shares of common stock, 111,707 warrants with an exercise price of $6.60, 112,614 warrants with an exercise price of $6.53, and 119,180 warrants with an exercise price of $4.33.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock and warrant transactions by a company executive; it doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency into the holdings of a key executive at American Battery Technology Co.
Key Dates
| Date | Description |
|---|---|
| 04/04/2024 | Date of warrant vesting |
| 04/05/2024 | Date of common stock vesting |
| 04/08/2024 | Date of stock sale for tax liability |
| 04/04/2029 | Expiration date of warrants |
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