Form 4: Origin Materials Director William J. Harvey Reports Acquisition and Disposal of Common Stock

Sentiment:

SEC Form 4


Director William J. Harvey of Origin Materials, Inc. reports acquiring 85,144 shares of common stock and disposing of shares on May 2, 2024.

Summary

  • On May 2, 2024, William J. Harvey, a director of Origin Materials, Inc., acquired 85,144 shares of common stock.
  • The same day, Harvey also disposed of shares of common stock.
  • Following these transactions, Harvey directly owns 170,682 shares of Origin Materials, Inc.
  • The acquisition of 85,144 shares represents restricted stock units (RSUs) that vest on the earlier of May 2, 2025, or the Issuer's next annual meeting of stockholders, contingent upon continued service to the company.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider activity.

Future Outlook

The vesting of the RSUs is contingent upon the reporting person's continued service to the company through the vesting date, which is the earlier of May 2, 2025, or the next annual meeting of stockholders.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

  • Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value and prospects.

Key Dates

DateDescription
05/02/2024Date of transaction: acquisition and disposal of common stock.
05/02/2025Vesting date for restricted stock units (RSUs), or the Issuer's next annual meeting of stockholders, whichever is earlier.
05/06/2024Date of signature by Attorney-in-Fact.

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