Form 4: LanzaTech Global Executive Haggstrom Reports Stock Transactions
SEC Form 4
Johanna Haggstrom, VP of Chemicals & HC Fuels Tech at LanzaTech Global, reports the vesting of restricted stock units and subsequent stock sales.
Summary
- On March 6, 2024, Johanna Haggstrom, VP of Chemicals & HC Fuels Tech at LanzaTech Global, had 10,000 Restricted Stock Units (RSUs) vest.
- These RSUs converted into 10,000 shares of LanzaTech Global common stock on a one-for-one basis.
- Following the vesting, Haggstrom disposed of 2,965 shares at a price of $3.24 per share to cover tax obligations.
- After these transactions, Haggstrom directly owns 7,035 shares of LanzaTech Global common stock.
- Haggstrom also continues to hold 20,000 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of insider trading activity related to stock-based compensation.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/02/2023 | Reporting Person was granted 30,000 RSUs, which vest in approximately three equal annual installments |
| 03/06/2024 | Date of earliest transaction; RSUs vested and shares were sold. |
| 03/14/2024 | Date of signature on the Form 4 filing. |
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