Form 4: Solid Power COO Derek Johnson Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Solid Power's Chief Operating Officer, Derek Colby Johnson, sold shares of common stock to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On March 2, 2024, Derek Colby Johnson, the Chief Operating Officer of Solid Power, Inc., disposed of 30,486 shares of common stock.
- The transaction was executed to satisfy tax obligations related to the vesting of restricted stock units.
- The shares were sold at a price of $1.64 per share.
- Following the transaction, Johnson directly owns 302,143 shares of Solid Power common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations. It is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company's future prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for executives to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of transaction: Sale of common stock to cover tax obligations. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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