Form 4: Origin Materials Director Acquires Shares Through Compensation Deferral

Director Craig A. Rogerson acquired 18,029 shares of Origin Materials common stock through the election to receive restricted stock units (RSUs) in lieu of cash compensation.

Summary

• Craig A. Rogerson, a director of Origin Materials, Inc., acquired 18,029 shares of common stock on June 30, 2024.
• The acquisition was made through the receipt of restricted stock units (RSUs) in lieu of cash compensation under the company's Non-Employee Director Compensation Policy.
• The number of RSUs was calculated based on the closing price of Origin Materials' common stock on June 28, 2024.
• The RSUs are fully vested upon grant, but the receipt of the shares has been deferred to a future date by Rogerson.
• Following the transaction, Rogerson directly owns 241,778 shares of Origin Materials common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director taking shares instead of cash is a mildly positive signal.

Positives

• A director's decision to take compensation in stock may signal confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing reflects standard practice for director compensation in publicly traded companies, where equity-based compensation is often used to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Equity compensation for board members is a common practice across publicly listed companies.
• Companies like Amyris, Green Plains, and Renewable Energy Group also utilize stock options and restricted stock units as part of their director compensation packages.
• The specific amount and vesting schedules vary based on company size, industry, and individual director roles.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with the company's long-term success.

Key Dates