Form 4: Solid Power Executive Joshua Buettner-Garrett Disposes of Shares to Cover Tax Obligations
SEC Form 4
Joshua Buettner-Garrett, Chief Technology Officer of Solid Power, Inc., disposed of 5,520 shares of common stock to satisfy tax obligations upon the vesting of restricted stock units.
Summary
- On May 12, 2024, Joshua Buettner-Garrett, the Chief Technology Officer of Solid Power, Inc. (SLDP), disposed of 5,520 shares of common stock.
- The transaction was executed to cover the reporting person's tax obligations related to the vesting of restricted stock units.
- The shares were sold at a price of $1.72 per share.
- Following the transaction, Buettner-Garrett directly owns 687,473 shares of Solid Power, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects a standard transaction to cover tax obligations and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/12/2024 | Date of transaction: Joshua Buettner-Garrett disposed of shares. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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