Form 4: LanzaTech Global Executive Steven Stanley Reports Stock Transactions
SEC Form 4 Filing
Chief Commercial Officer Steven Stanley reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On March 6, 2024, Steven Stanley, Chief Commercial Officer of LanzaTech Global, Inc., reported transactions involving the company's common stock.
- Stanley acquired 13,333 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- He also disposed of 3,851 shares to cover tax obligations at a price of $3.24 per share.
- Following these transactions, Stanley directly owns 9,482 shares of LanzaTech Global, Inc.
- The RSUs were granted on May 2, 2023, and vest in three approximately equal annual installments, with the first installment vesting on March 6, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, reflecting standard compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It reflects standard compensation practices involving RSUs.
Key Dates
| Date | Description |
|---|---|
| May 2, 2023 | Reporting Person was granted 40,000 RSUs, which vest in approximately three equal annual installments |
| March 6, 2024 | Date of earliest transaction; vesting of RSUs and stock disposal for tax obligations. |
| March 14, 2024 | Date of signature on the Form 4 filing. |
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