Form 4: Solid Power CEO John C. Van Scoter Reports Tax Obligation Shares Withholding
SEC Form 4
Solid Power's CEO, John C. Van Scoter, reports the withholding of 42,841 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 31, 2025, John C. Van Scoter, the President & CEO and a director of Solid Power, Inc., had 42,841 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld at a price of $1.08 per share.
- Following the transaction, Van Scoter directly owns 1,267,609 shares of Solid Power common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and does not indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for companies to withhold shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: shares of common stock withheld to satisfy tax obligation. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Solid Power, SLDP, John C. Van Scoter, Form 4, Beneficial Ownership, Tax Withholding, Common Stock, Director, CEO
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