Form 4: Li-Cycle Holdings Corp. Executive Conor Spollen Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
Conor Spollen, Chief Operating Officer of Li-Cycle Holdings Corp., reports selling shares to cover tax liabilities arising from the vesting of restricted stock units.
Summary
- On January 27, 2025, Conor Spollen, the Chief Operating Officer of Li-Cycle Holdings Corp., sold 318 common shares at a price of $1.075 per share.
- The sale was executed to cover tax obligations related to the vesting and settlement of restricted stock units (RSUs).
- Following the transaction, Spollen beneficially owns 92,381 shares, which includes 78,462 RSUs.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to a routine stock sale for tax purposes and doesn't indicate any significant positive or negative developments for the company.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily reflect a significant event for Li-Cycle or the broader industry.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of the stock sale transaction. |
| 01/29/2025 | Date of signature on the Form 4 filing. |
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