Form 4: Solid Power Executive Joshua Buettner-Garrett Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Chief Technology Officer of Solid Power, Joshua Buettner-Garrett, disposed of 4,416 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On December 31, 2024, Joshua Buettner-Garrett, the Chief Technology Officer of Solid Power, Inc. (SLDP), disposed of 4,416 shares of common stock.
- The transaction was executed to satisfy tax obligations arising from the vesting of restricted stock units.
- The shares were disposed of at a price of $2.14 per share.
- Following the transaction, Buettner-Garrett beneficially owns 865,304 shares of Solid Power common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't necessarily indicate positive or negative sentiment towards 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 ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the transaction (disposal of shares) |
| 01/02/2025 | Date of signature on the Form 4 filing |
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