Form 4: Solid Power's Chief Technology Officer Sells Shares to Cover Tax Obligations

Joshua Buettner-Garrett, Chief Technology Officer of Solid Power, Inc., sold shares of common stock to cover tax obligations arising from the vesting of restricted stock units.

Summary

• On March 22, 2025, Joshua Buettner-Garrett, the Chief Technology Officer of Solid Power, Inc. (SLDP), disposed of 39,471 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 $1.11 per share.
• Following the transaction, Buettner-Garrett still beneficially owns 825,833 shares of Solid Power common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency when company insiders trade their own company's stock. This filing indicates that the CTO sold shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Solid Power, SLDP, Form 4, Joshua Buettner-Garrett, Chief Technology Officer, stock sale, tax obligations, restricted stock units, beneficial ownership