Form 4: Origin Materials Director R. Tony Tripeny Acquires Shares in Lieu of Cash Compensation

Director R. Tony Tripeny acquired 9,765 shares of Origin Materials common stock at $1.28 per share in lieu of cash compensation for the quarter ended December 31, 2024.

Summary

• R. Tony Tripeny, a director of Origin Materials, Inc., acquired 9,765 shares of common stock on December 31, 2024.
• The shares were received in lieu of cash compensation under the Issuer's Amended and Restated Non-Employee Director Compensation Policy.
• The price per share was $1.28, based on the closing price of the common stock on December 31, 2024.
• These shares are represented by restricted stock units (RSUs) that are fully vested upon the date of grant.
• Following the transaction, Tripeny directly owns 336,295 shares and indirectly owns 73,000 shares through a trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction. The director taking stock instead of cash is mildly positive.

Positives

• Director's decision to take equity instead of cash may signal confidence in the company's future prospects.

Industry Context

Directors receiving stock in lieu of cash compensation is a common practice, especially in growth-oriented companies, to align their interests with those of shareholders.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates