Form 4: LanzaTech Global COO Carl Wolf Reports Stock Transactions
SEC Form 4 Filing
Chief Operating Officer of LanzaTech Global, Carl Wolf, reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On March 6, 2024, Carl Wolf, the Chief Operating Officer of LanzaTech Global, reported transactions involving the company's common stock.
- Wolf acquired 10,000 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- He also disposed of 3,460 shares to cover tax obligations at a price of $3.24 per share.
- Following these transactions, Wolf directly owns 18,456 shares of LanzaTech Global common stock and 20,000 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is typical for executives to receive stock-based compensation and to sell shares to cover tax liabilities upon vesting.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| May 2, 2023 | Reporting Person was granted 30,000 RSUs, which vest in approximately three equal annual installments |
| March 6, 2024 | Date of earliest transaction; RSUs vested and shares were sold to cover taxes. |
| March 14, 2024 | Date of signature for the Form 4 filing. |
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