Form 4: American Battery Technology Co Director Donald Richard Fezell JR Acquires 80,164 Shares Through RSU Vesting

Director Donald Richard Fezell JR acquired 80,164 shares of American Battery Technology Co common stock through the vesting of Restricted Stock Units (RSUs) on October 11, 2024.

Summary

• On October 11, 2024, Donald Richard Fezell JR, a director of American Battery Technology Co, acquired 80,164 shares of common stock.
• The acquisition was a result of the vesting of Restricted Stock Units (RSUs).
• The RSUs were granted under the terms of the Director Agreement dated February 22, 2022, as amended on September 22, 2023.
• Each RSU represents the right to receive one share of American Battery Technology Company common stock upon vesting.
• Following the transaction, Fezell directly owns 221,543 shares of the company's common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction. Insider ownership can be viewed positively, but this is a scheduled vesting.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning his interests with those of other shareholders.

Key Dates