Form 4: Arcadium Lithium Director Lampe-Onnerud Reports Share Transactions

Director Christina Lampe-Onnerud reports acquisition and disposal of Arcadium Lithium shares, including shares withheld for tax obligations and a grant of restricted stock units.

Summary

• On July 24, 2024, Director Christina Lampe-Onnerud had 5,683 ordinary shares withheld by Arcadium Lithium to cover tax obligations at a price of $3.45 per share.
• Following this transaction, Lampe-Onnerud directly owned 9,115 ordinary shares.
• On July 26, 2024, Lampe-Onnerud was granted 40,786 restricted stock units (RSUs) under the Issuer's Omnibus Incentive Plan.
• Following the grant of RSUs, Lampe-Onnerud directly owned 49,901 ordinary shares.
• The RSUs are scheduled to vest in full on the earliest of (i) the first anniversary of the date of grant, (ii) the date of the annual shareholders' meeting that next follows the grant date, or (iii) a change in control, subject to the terms of the Plan and the applicable award agreement issued thereunder.

Sentiment

Score: 6

Explanation: The document primarily reports routine transactions. The RSU grant is a positive sign, but the tax withholding is neutral. Overall, the sentiment is slightly positive.

Positives

• The grant of 40,786 RSUs to a director signals confidence in the company's future performance.

Future Outlook

The RSUs are scheduled to vest in full on the earliest of (i) the first anniversary of the date of grant, (ii) the date of the annual shareholders' meeting that next follows the grant date, or (iii) a change in control, subject to the terms of the Plan and the applicable award agreement issued thereunder.

Industry Context

Form 4 filings are routine disclosures that provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive sign of management's alignment with company performance.

Key Dates