Form 4: Origin Materials CFO Sells Shares for Tax Obligations

Origin Materials' CFO and COO, Matthew T. Plavan, sold 150,000 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Matthew T. Plavan, the Chief Financial Officer and Chief Operating Officer of Origin Materials, Inc. (ORGN), reported a transaction on November 3, 2025.
• Plavan disposed of 150,000 shares of Origin Materials Common Stock.
• The shares were sold at a weighted-average price of $0.55 per share, with prices ranging from $0.5450 to $0.5785.
• The sale was explicitly stated as a 'sell to cover' transaction to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units, not a discretionary sale.
• Following this transaction, Matthew T. Plavan beneficially owns 1,360,231 shares of Origin Materials Common Stock.

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 event and does not reflect a change in the insider's investment conviction or the company's operational performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or 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' for tax purposes related to equity compensation, are a routine occurrence across all industries for executives receiving restricted stock units or stock options. This type of transaction is generally not indicative of management's sentiment towards the company's future prospects.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a signal of insider sentiment regarding the company's value.

Key Dates

Keywords

Origin Materials, ORGN, Form 4, Insider Transaction, Stock Sale, CFO, COO, Matthew T. Plavan, Restricted Stock Units, Tax Withholding