Form 4: Arcadium Lithium CEO Paul Graves Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Arcadium Lithium's CEO, Paul Graves, disposed of 91,941 ordinary shares to cover tax obligations arising from the settlement of vested Restricted Stock Units (RSUs).
Summary
- On December 20, 2024, Paul W. Graves, the President & CEO and a director of Arcadium Lithium plc, disposed of 91,941 ordinary shares.
- The disposal was executed to cover tax obligations related to the settlement of vested RSUs.
- The shares were disposed of at a price of $4.97 per share.
- Following the transaction, Graves directly owns 663,699 ordinary shares and indirectly owns 235,345 ordinary shares through a savings plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to share disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the CEO's share disposal, but it is primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of the share disposal transaction. |
| 12/23/2024 | Date of signature on the Form 4 filing. |
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