Form 4: Aqua Metals Executive Benjamin Taecker Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Benjamin Taecker, Chief Engineering and Operating Officer of Aqua Metals, disposed of 75,000 shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On July 1, 2024, Benjamin Taecker, the Chief Engineering and Operating Officer of Aqua Metals, Inc., disposed of 75,000 shares of common stock to cover tax liabilities.
- The shares were withheld and returned to the plan to cover the tax liability of the July 1, 2024 vesting of a previously reported restricted share grant.
- The transaction was executed at a price of $0.32 per share.
- Following the transaction, Taecker beneficially owns 1,039,929 shares, which includes 636,662 shares underlying restricted stock units that are not yet vested and deliverable.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, as it reflects standard compensation practices and tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations arising from vesting equity, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of stock disposal and vesting of restricted share grant. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
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