Form 4: Li-Cycle Holdings Corp: Chief Technology Officer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher J. Biederman, Chief Technology Officer of Li-Cycle Holdings Corp., reports acquisition and disposal of common shares and restricted stock units.
Summary
- On May 8, 2024, Christopher J. Biederman, the Chief Technology Officer of Li-Cycle Holdings Corp., reported changes in his beneficial ownership of the company's securities.
- Biederman acquired 571,123 common shares and disposed of 34,630 restricted stock units (RSUs).
- Following these transactions, Biederman beneficially owns 732,078 common shares.
- The RSUs were awarded under the Li-Cycle Holdings Corp. 2021 Incentive Award Plan and represent the contingent right to receive one common share each, subject to time-vesting conditions and continued service.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting transactions by an officer. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the transactions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of transaction involving common shares and RSUs. |
| 05/10/2024 | Date of signature for the Form 4 filing. |
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