Form 4: Solid Power Director Receives Equity Grant
Director Equity Grant
Director MaryAnn Wright was granted 44,133 restricted stock units in Solid Power, Inc. as part of standard equity compensation.
Summary
- Director MaryAnn Wright acquired 44,133 restricted stock units (RSUs) on May 20, 2026.
- The RSUs represent the right to receive one share of common stock per unit upon vesting.
- Vesting occurs on the earlier of the first anniversary of the grant date or the day before the next annual meeting of stockholders.
- Following this transaction, the director's total beneficial ownership is 331,730 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial strategy.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified; this is a standard compensatory equity grant.
Risks
- Vesting is contingent upon the director remaining a service provider to the company.
Future Outlook
The RSUs will vest on the earlier of May 20, 2027, or the day before the 2027 annual meeting of stockholders, provided the director remains a service provider.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice in the battery technology sector to ensure long-term alignment with company performance.
Comparison to Industry Standards
- The grant structure follows standard industry practices for board compensation in the clean energy and battery technology sectors.
- The vesting schedule is consistent with typical annual equity refresh cycles for public company directors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Appointment of attorneys-in-fact for SEC filing purposes. | 05/13/2025 | Administrative update to facilitate timely regulatory compliance. |
Stakeholder Impact
- Minimal impact on shareholders; reflects standard board compensation practices.
Next Steps
- Vesting of the 44,133 RSUs on the earlier of the first anniversary or the next annual meeting.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of Power of Attorney execution. |
| 05/20/2026 | Date of the RSU grant transaction. |
| 05/21/2026 | Date of filing. |
Keywords
Solid Power, SLDP, Director Compensation, Equity Grant, Insider Transaction, SEC Form 4
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