Form 4: Danimer Scientific CFO Reports Stock Transactions
SEC Form 4 Filing
Michael A. Hajost, CFO of Danimer Scientific, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On February 7, 2025, Michael A. Hajost, the CFO of Danimer Scientific, engaged in transactions involving the company's stock.
- He acquired 859 shares of Class A Common Stock through the vesting of Restricted Stock Units.
- He disposed of 301 shares of Class A Common Stock to cover tax obligations at a price of $1.18 per share.
- Following these transactions, Hajost directly owns 2,334 shares of Class A Common Stock.
- The reported transactions relate to restricted stock units granted on March 31, 2022, which vested in thirds on February 7, 2023, February 7, 2024, and February 7, 2025.
- The common stock of Danimer Scientific, Inc. reverse split 1 for 40 on November 12, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.
Stakeholder Impact
- Shareholders may use this information to assess management's actions and confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2022-03-31 | Reporting person was granted 103,092 restricted stock units on a pre-reverse split basis. |
| 2023-02-07 | One third of restricted stock units vested. |
| 2024-02-07 | One third of restricted stock units vested. |
| 2024-11-12 | Danimer Scientific, Inc. common stock reverse split 1 for 40. |
| 2025-02-07 | CFO acquired 859 shares of Class A Common Stock through vesting of Restricted Stock Units and disposed of 301 shares to cover tax obligations. |
| 2025-02-10 | Date of signature for the Form 4 filing. |
Keywords
Danimer Scientific, DNMR, Form 4, Stock Transaction, CFO, Michael A. Hajost, Restricted Stock Units, Class A Common Stock, Beneficial Ownership, Reverse Stock Split
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