Form 4: Origin Materials Director Acquires Shares Through RSU Election

Craig A. Rogerson, a director at Origin Materials, acquired 10,551 shares of common stock through an election to receive restricted stock units (RSUs) in lieu of cash compensation.

Summary

• On September 30, 2024, Craig A. Rogerson, a director at Origin Materials, acquired 10,551 shares of common stock.
• The acquisition was made through the election to receive restricted stock units (RSUs) in lieu of cash compensation under the Issuer's Amended and Restated Non-Employee Director Compensation Policy.
• The number of RSUs was calculated based on the closing price per share of Common Stock on September 30, 2024.
• Each RSU represents the contingent right to receive one share of Origin Materials' Common Stock and are fully vested upon the date of grant.
• Rogerson elected to defer the receipt of such shares to a future date.
• Following the transaction, Rogerson beneficially owns 252,329 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director taking equity instead of cash is generally a good sign, indicating confidence in the company's future performance.

Positives

• The director's decision to take equity instead of cash compensation signals confidence in the company's future.

Future Outlook

The reporting person has elected to defer the receipt of shares to a future date.

Industry Context

Directors often receive equity compensation to align their interests with those of shareholders. This transaction reflects that common practice.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates