Form 4: Origin Materials Director Hickox Acquires Shares Through Restricted Stock Units

Director John Hickox acquired 85,144 shares of Origin Materials common stock through restricted stock units, with deferred receipt elected.

Summary

• On May 2, 2024, John Hickox, a director of Origin Materials, Inc., acquired 85,144 shares of common stock through restricted stock units (RSUs).
• The RSUs vest on the earlier of May 2, 2025, or the Issuer's next annual meeting of stockholders, contingent upon continued service to the company.
• Hickox elected to defer the receipt of these shares to a future date.
• Following the transaction, Hickox beneficially owns 512,808 shares of Origin Materials common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock ownership. It doesn't inherently convey positive or negative sentiment.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors. It is common for directors to receive stock-based compensation, aligning their interests with those of shareholders.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning their interests with shareholders.

Key Dates