Form 4: Solid Power Director Erik J. Anderson Reports Acquisition of Common Stock

Director Erik J. Anderson reports acquiring 118,808 shares of Solid Power common stock and indirectly owning 187,617 shares through WestRiver Management, LLC.

Summary

• Erik J. Anderson, a director of Solid Power, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 21, 2025, Anderson acquired 118,808 shares of common stock at $0.00 per share.
• These shares were acquired through restricted stock units (RSUs) that vest upon the earlier of the first anniversary of the grant date or the day before the next annual meeting, contingent on continued service.
• Anderson also indirectly owns 187,617 shares through WestRiver Management, LLC, where he is the sole member and manager.
• Following the reported transaction, Anderson directly owns 260,370 shares of Solid Power common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing reflecting a director's stock acquisition, which can be interpreted as a positive sign of confidence, but it's not overwhelmingly positive.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The vesting of the restricted stock units is contingent on continued service, aligning the director's interests with the company's long-term success.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates a director's increased stake in the company.

Stakeholder Impact

• The increased ownership by a director could positively influence shareholder confidence.

Key Dates

Keywords

Form 4, Beneficial Ownership, Solid Power, SLDP, Director, Erik J. Anderson, Common Stock, Restricted Stock Units, WestRiver Management