Form 4: Origin Materials CFO Matthew Plavan Sells Shares to Cover Tax Obligations

Matthew Plavan, CFO and COO of Origin Materials, sold 9,725 shares of common stock on March 5, 2025, to cover tax withholding obligations related to the vesting and settlement of performance stock units.

Summary

• On March 5, 2025, Matthew T. Plavan, CFO and COO of Origin Materials, sold 9,725 shares of the company's common stock.
• The sale was executed to cover tax withholding obligations associated with the vesting and settlement of performance stock units.
• The shares were sold at a weighted-average price of $0.8579, with individual prices ranging from $0.8575 to $0.8588.
• Following the transaction, Plavan directly owns 1,510,231 shares of Origin Materials common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale to cover tax obligations and doesn't reflect a change in the executive's outlook on the company.

Industry Context

Sales to cover tax obligations are a routine part of equity compensation and are not necessarily indicative of a change in sentiment regarding the company's prospects.

Stakeholder Impact

• The sale has a minimal impact on shareholders as it is a small percentage of the total outstanding shares and is related to tax obligations.

Key Dates

Keywords

Origin Materials, Matthew Plavan, ORGN, Form 4, Stock Sale, Tax Withholding, Performance Stock Units, CFO, COO