Form 4: Solid Power COO Derek Johnson Sells Shares to Cover Tax Obligations
SEC Form 4
Solid Power's Chief Operating Officer, Derek Colby Johnson, disposed of 6,945 shares of common stock on June 30, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On June 30, 2024, Derek Colby Johnson, the Chief Operating Officer of Solid Power, Inc. [SLDP], disposed of 6,945 shares of common stock.
- The transaction was executed to satisfy the reporting person's tax obligation upon the vesting of restricted stock units.
- The shares were sold at a price of $1.65 per share.
- Following the transaction, Johnson directly owns 846,145 shares of Solid Power common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations.
Industry Context
This is a routine Form 4 filing, disclosing an insider transaction. Such filings are common and provide transparency into the trading activities of company executives. The sale of shares to cover tax obligations is a typical occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Derek Johnson disposed of 6,945 shares of Solid Power common stock. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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