Form 4: Li-Cycle Director Jacqueline Dedo Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Jacqueline Dedo reports acquisition of restricted stock units and adjustments to her holdings in Li-Cycle Holdings Corp.
Summary
- On May 23, 2024, Jacqueline Dedo, a director of Li-Cycle Holdings Corp., reported changes in her beneficial ownership of the company's securities.
- Dedo acquired 268,181 restricted stock units (RSUs) under the Li-Cycle Holdings Corp. 2021 Incentive Award Plan.
- Each RSU represents the contingent right to receive one common share of Li-Cycle Holdings Corp., subject to time-vesting conditions and continued service.
- Following the reported transaction, Dedo beneficially owns 438,773 common shares, which includes the 268,181 RSUs.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting changes in ownership. The acquisition of RSUs by a director can be seen as a slightly positive sign.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of a key company director.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Acquisition of restricted stock units. |
| 05/28/2024 | Date of signature for the Form 4 filing. |
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