Form 4: Solid Power CFO Kevin Paprzycki Disposes of Shares to Cover Tax Obligations
SEC Form 4
Solid Power's CFO, Kevin Paprzycki, disposed of 27,059 shares of common stock on March 2, 2024, to satisfy tax obligations upon the vesting of restricted stock units.
Summary
- On March 2, 2024, Kevin A. Paprzycki, CFO & Treasurer of Solid Power, Inc. (SLDP), disposed of 27,059 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 $1.64 per share.
- Following the transaction, Paprzycki directly owns 260,569 shares of Solid Power common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are routine and provide transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of transaction: Disposal of 27,059 shares of common stock. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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