Form 4: Solid Power CTO Disposes of Shares to Cover Tax Obligations from RSU Vesting
Insider Transaction Report
Solid Power, Inc.'s Chief Technology Officer, Joshua Buettner-Garrett, disposed of 14,285 shares of common stock to satisfy tax obligations related to the vesting of restricted stock units.
Summary
- Joshua Buettner-Garrett, Chief Technology Officer of Solid Power, Inc. (SLDP), reported a transaction on June 30, 2025.
- The transaction involved the disposition of 14,285 shares of Solid Power common stock.
- The shares were withheld by the issuer to satisfy the reporting person's tax obligation upon the vesting of restricted stock units.
- The implied price per share for the disposition was $2.15.
- Following this transaction, Joshua Buettner-Garrett beneficially owns 1,322,777 shares of Solid Power common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax-related disposition of shares upon RSU vesting, which is a neutral event for the company's operational or financial outlook. It does not indicate a change in management's confidence or company performance.
Stakeholder Impact
- Shareholders: The transaction is a routine tax-related disposition and does not indicate a change in company fundamentals or management's confidence.
- Employees (CTO): The vesting of restricted stock units represents earned compensation, which is a positive for the Chief Technology Officer.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of transaction where shares were disposed. |
| 07/01/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Solid Power, SLDP, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, RSU, Tax Withholding, Chief Technology Officer, Joshua Buettner-Garrett
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