Form 4: Solid Power Executive James Liebscher Sells Shares to Cover Tax Obligations
SEC Form 4
James Liebscher, Chief Legal Officer & Secretary of Solid Power, Inc., sold 5,864 shares of common stock on May 12, 2024, to cover tax obligations arising from vesting restricted stock units.
Summary
- On May 12, 2024, James Liebscher, the Chief Legal Officer & Secretary of Solid Power, Inc. (SLDP), disposed of 5,864 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 $1.72 per share.
- Following the transaction, Liebscher directly owns 771,034 shares of Solid Power, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction to cover tax obligations. It doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/12/2024 | Date of transaction: James Liebscher sold 5,864 shares of Solid Power common stock. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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