Form 4: Li-Cycle Director Diane Pearse Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Diane Pearse reports acquisition and disposal of Li-Cycle Holdings Corp. restricted stock units (RSUs).
Summary
- On May 23, 2024, Diane Pearse, a director of Li-Cycle Holdings Corp., reported changes in her beneficial ownership of the company's securities.
- Pearse acquired 220,855 common shares through restricted stock units (RSUs) at a price of $0.
- Following the transaction, Pearse beneficially owns 377,098 common shares, which includes 220,855 RSUs.
- These RSUs were awarded under the Li-Cycle Holdings Corp. 2021 Incentive Award Plan and represent the right to receive one common share each, contingent upon time-vesting conditions and continued service.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company directors.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Acquisition of common shares through RSUs. |
| 05/28/2024 | Date of signature for the Form 4 filing. |
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