Form 4: Origin Materials CFO Matthew Plavan Reports Stock Award Vesting

Matthew Plavan, CFO and COO of Origin Materials, reports the vesting of 80,368 shares of common stock related to performance stock units.

Summary

• On February 26, 2025, Matthew T. Plavan, CFO and COO of Origin Materials, acquired 80,368 shares of common stock.
• These shares vested upon the satisfaction of a performance condition related to performance stock units granted on December 26, 2023.
• One-third of these stock units vested on February 26, 2025, with the remaining portions vesting on January 1, 2026, and January 1, 2027, contingent upon continued service.
• Following the transaction, Plavan beneficially owns 1,519,956 shares of Origin Materials common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock vesting, which is part of executive compensation. It doesn't inherently indicate positive or negative performance, but rather adherence to a pre-determined plan.

Positives

• The vesting of performance stock units suggests that performance conditions were met, which could be viewed positively.

Future Outlook

The remaining stock units will vest on January 1, 2026, and January 1, 2027, contingent upon the Reporting Person's continued service.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity holdings of key executives.

Stakeholder Impact

• The vesting of shares may have a minor dilutive effect on existing shareholders.

Key Dates

Keywords

Origin Materials, ORGN, Matthew Plavan, CFO, COO, Stock Vesting, Performance Stock Units, Beneficial Ownership, SEC Form 4