Form 4: Origin Materials Director William J. Harvey Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director William J. Harvey of Origin Materials, Inc. reports acquisition and disposal of common stock and restricted stock units.

Summary

  • On May 6, 2025, William J. Harvey, a director of Origin Materials, Inc., reported transactions involving the company's common stock.
  • Harvey acquired 172,894 shares of common stock and disposed of 343,576 shares.
  • Following these transactions, Harvey beneficially owns 343,576 shares of common stock.
  • The acquisition involved restricted stock units (RSUs), each representing the right to receive one share of Origin Materials' common stock.
  • The RSUs vest on the earlier of May 6, 2026, or the company's next annual meeting of stockholders, contingent upon continued service to the company.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

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 6, 2026, or the next annual meeting of stockholders.

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. It's a standard practice for directors and officers to receive and trade company stock, and these filings ensure that such activities are publicly known.

Stakeholder Impact

  • The disclosure of stock transactions by a director provides transparency to shareholders regarding insider activity.
  • The vesting of RSUs incentivizes the director to remain with the company and contribute to its success.

Key Dates

DateDescription
05/06/2025Date of stock acquisition and disposal transactions.
05/06/2026Date RSUs vest, or earlier if the company's next annual meeting of stockholders occurs before this date, contingent upon continued service.
05/08/2025Date of signature by Attorney-in-Fact.

Keywords

Origin Materials, ORGN, William J. Harvey, Director, Stock Transactions, Form 4, SEC Filing, RSUs, Restricted Stock Units, Beneficial Ownership

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