Form 4: American Battery Technology Co. Director Elizabeth Ann Lowery Reports Acquisition of 36,100 Shares
SEC Form 4 Filing
Director Elizabeth Ann Lowery reports the acquisition of 36,100 shares of American Battery Technology Co. common stock through the vesting of Restricted Stock Units.
Summary
- On April 3, 2025, Elizabeth Ann Lowery, a director of American Battery Technology Co. (ABAT), acquired 36,100 shares of common stock.
- The acquisition was a result of the vesting of Restricted Stock Units (RSUs).
- Each RSU represents the right to receive one share of ABAT common stock upon vesting.
- The RSUs were granted under the terms of the Director Agreement dated February 22, 2022, as amended on September 22, 2023.
- Following the transaction, Lowery beneficially owns 173,145 shares indirectly through Lowery and Associates, LLC.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions, neither particularly positive nor negative. It reflects the planned vesting of equity compensation.
Positives
- The vesting of RSUs indicates continued alignment of the director's interests with those of the company and its shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The transaction increases the director's stake in the company, aligning her interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| February 22, 2022 | Date of the original Director Agreement. |
| September 22, 2023 | Date the Director Agreement was amended. |
| April 03, 2025 | Date of the transaction (vesting of RSUs). |
| April 04, 2025 | Date of the report. |
Keywords
American Battery Technology Co., ABAT, Elizabeth Ann Lowery, Director, Restricted Stock Units, RSUs, Beneficial Ownership, Form 4, Securities, Shares
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