Form 4: Origin Materials Director Hickox Reports Acquisition and Disposal of Common Stock

Director John Hickox of Origin Materials, Inc. reports acquiring and disposing of common stock and restricted stock units.

Summary

• On March 1, 2024, John Hickox, a director of Origin Materials, Inc., reported acquiring 316,327 shares of common stock underlying restricted stock units (RSUs) at a price of $0.
• Each RSU represents the contingent right to receive one share of the Issuer's Common Stock.
• 275,735 of the RSUs vest over three years with 1/3 vesting on each annual anniversary of March 1, 2024.
• 40,592 of the RSUs vest on May 2, 2024, in each case provided that Reporting Person continues to provide services to the Company through each such vesting date.
• Hickox also disposed of 427,664 shares of common stock.

Sentiment

Score: 5

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

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The vesting of RSUs incentivizes the director to continue providing services to the company.

Key Dates