Form 4: Solid Power CFO Kevin Paprzycki Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Kevin Paprzycki, CFO & Treasurer of Solid Power, Inc., disposed of 8,279 shares of common stock on May 12, 2024, to satisfy tax obligations upon the vesting of restricted stock units.
Summary
- On May 12, 2024, Kevin A. Paprzycki, CFO & Treasurer of Solid Power, Inc. (SLDP), disposed of 8,279 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $1.72 per share.
- Following the transaction, Paprzycki directly owns 738,364 shares of Solid Power, Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations from vested restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/12/2024 | Date of transaction: Disposal of 8,279 shares of common stock to cover tax obligations. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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