Form 4: Origin Materials' Co-CEO Richard J. Riley Exercises Stock Options and Reports Beneficial Ownership Changes

Richard J. Riley, Co-CEO and Director of Origin Materials, exercised stock options to acquire 400,000 shares of common stock at $0.14 per share, resulting in changes to his beneficial ownership.

Summary

• On March 5, 2024, Richard J. Riley, Co-CEO and Director of Origin Materials, exercised stock options to acquire 400,000 shares of common stock at a price of $0.14 per share.
• Following this transaction, Riley directly owns 1,318,070 shares of common stock.
• He also indirectly owns 449,083 shares through Riley Investment Trust I and 707,832 shares through Riley Separate Property Trust, where he serves as trustee.
• Riley also holds options to purchase 1,773,770 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock option exercises. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.

Positives

• The exercise of stock options by a high-ranking executive could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It provides information about the trading activities of company insiders, allowing investors to assess their confidence in the company's prospects.

Key Dates