Form 4: Arcadium Lithium CFO Executes Stock Option and Sells Shares
SEC Form 4 Filing
Arcadium Lithium's CFO, Gilberto Antoniazzi, exercised stock options and sold a significant number of shares on November 14, 2024.
Summary
- Gilberto Antoniazzi, CFO, VP & Treasurer of Arcadium Lithium plc, executed a stock option to acquire 28,246 ordinary shares at a price of $3.8 per share on November 14, 2024.
- Following the option exercise, Mr. Antoniazzi sold 166,038 ordinary shares at a price of $5.245 per share on the same day.
- After these transactions, Mr. Antoniazzi directly owns 129,972 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders when they trade company stock. It provides transparency into the transactions of key personnel.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The transactions are typical for executives who receive stock options as part of their compensation.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares sold by the CFO.
Key Dates
| Date | Description |
|---|---|
| 02/27/2018 | Date the stock options were granted. |
| 01/12/2024 | Date of a previous Form 4/A filing that contained an error in the option exercise price. |
| 11/14/2024 | Date of the stock option exercise and share sale. |
| 11/15/2024 | Date the form was signed. |
| 02/27/2025 | Expiration date of the stock options. |
Keywords
Arcadium Lithium, ALTM, stock options, insider trading, share sale, CFO, Gilberto Antoniazzi, equity securities
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