Form 4: Origin Materials CEO Sells Shares for Tax Obligations

Origin Materials CEO John Bissell sold 45,000 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• John Bissell, CEO and Director of Origin Materials, Inc. (ORGN), reported a transaction on December 19, 2025.
• Bissell disposed of 45,000 shares of Origin Materials Common Stock.
• The shares were sold at a weighted-average price of $0.2684 per share, with prices ranging from $0.260 to $0.279.
• Following this transaction, Bissell beneficially owns 1,997,973 shares of Common Stock.
• The sale was explicitly stated as a 'sell to cover' transaction to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units, not a discretionary sale.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a non-discretionary 'sell to cover' for tax purposes, which is a routine administrative event and not indicative of management's view on the company's performance or future.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The sales reported represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units.
• The sales were to satisfy tax withholding obligations to be funded by a 'sell to cover' transaction and do not represent discretionary transactions by the Reporting Person.

Industry Context

Insider transactions, particularly 'sell to cover' sales for tax purposes, are common occurrences for executives receiving equity compensation. These non-discretionary sales are generally viewed as routine administrative events rather than indicators of management's sentiment about the company's future prospects, distinguishing them from open market discretionary sales.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a non-discretionary tax-related sale, not a signal of management's confidence or lack thereof. The number of shares sold is a small fraction of the total outstanding shares.

Key Dates

Keywords

Origin Materials, ORGN, Form 4, Insider Transaction, Stock Sale, CEO, Director, Restricted Stock Units, Tax Withholding