Form 4: American Battery Technology Co Director Acquires Shares Through RSU Vesting
SEC Form 4
Director Elizabeth Ann Lowery acquired 15,267 shares of American Battery Technology Co stock through the vesting of Restricted Stock Units (RSUs).
Summary
- On March 6, 2024, Elizabeth Ann Lowery, a director of American Battery Technology Co, acquired 15,267 shares of common stock.
- The acquisition was due to the vesting of Restricted Stock Units (RSUs) granted under the terms of her Director Agreement.
- Each RSU represents the right to receive one share of American Battery Technology Company common stock upon vesting.
- Following the transaction, Lowery indirectly owns 30,294 shares through Lowery and Associates, LLC.
Sentiment
Score: 6
Explanation: The document reflects a neutral event (RSU vesting) and doesn't contain any overtly positive or negative information. It's a standard regulatory filing.
Positives
- The vesting of RSUs suggests continued alignment of the director's interests with those of the company and its shareholders.
Industry Context
This transaction is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| February 22, 2022 | Date of the Director Agreement under which the RSUs were granted. |
| September 22, 2023 | Date the Director Agreement was amended. |
| March 6, 2024 | Date of the transaction (RSU vesting). |
| March 8, 2024 | Date of signature for the Form 4 filing. |
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