Form 4: ESS Tech CFO Anthony Rabb Disposes of Shares to Cover Tax Obligations

Chief Financial Officer of ESS Tech, Anthony Rabb, disposed of 2,741 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On May 20, 2025, Anthony Rabb, the Chief Financial Officer of ESS Tech, Inc., disposed of 2,741 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs).
• The shares were disposed of at a price of $1.96 per share.
• Following the transaction, Rabb directly owns 109,392 shares of ESS Tech, Inc.
• A portion of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of insider trading activity and are required by the SEC to ensure transparency in the market. This filing indicates that the CFO disposed of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The disposal of shares by the CFO to cover tax obligations has a minimal impact on stakeholders.

Key Dates

Keywords

Form 4, ESS Tech, Anthony Rabb, CFO, Share Disposal, Tax Withholding, RSUs, GWH