American Battery Technology (NASDAQ: ABAT) grants 8,334 shares to ex-officer
Rhea-AI Filing Summary
JOLCOVER SCOTT reported acquisition or exercise transactions in this Form 4 filing.
Scott Jolcover, former Chief Resource Officer of American Battery Technology, reported the vesting of 8,334 shares of Common Stock on 2026-07-20. These shares were previously awarded under the employee equity compensation plan, with the vesting period amended by a January 26, 2026 consulting agreement with Hard Rock Nevada, Inc. After this vesting event, Jolcover directly owns 429,542 shares of the company’s Common Stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,334 shares
Net Buy
1 txn
Insider
JOLCOVER SCOTT
Role
Former Chief Resource Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 8,334 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 429,542 shares (Direct)
Footnotes (1)
- F1. Represents the vesting of Common Stock previously awarded pursuant to the Company's employee equity compensation plan, where the vesting period was amended by the January 26, 2026, consulting agreement between the Company and Hard Rock Nevada, Inc.
Key Figures
Shares vested: 8,334 shares
Price per share: $0.0000 per share
Total holdings after transaction: 429,542 shares
+1 more
4 metrics
Shares vested
8,334 shares
Common Stock vesting on 2026-07-20 for former Chief Resource Officer
Price per share
$0.0000 per share
Reported acquisition price for the vested Common Stock
Total holdings after transaction
429,542 shares
Direct Common Stock beneficially owned by Scott Jolcover after vesting
Transaction date
2026-07-20
Date on which the 8,334 Common Stock shares vested
Key Terms
employee equity compensation plan, vesting, consulting agreement
3 terms
employee equity compensation plan financial
"previously awarded pursuant to the Company's employee equity compensation plan"
vesting financial
"Represents the vesting of Common Stock previously awarded"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
consulting agreement other
"amended by the January 26, 2026, consulting agreement between the Company and Hard Rock Nevada"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ABAT report for former officer Scott Jolcover?
ABAT reported that former chief resource officer Scott Jolcover had 8,334 shares of Common Stock vest on 2026-07-20. The shares came from a prior award under the company’s employee equity compensation plan, rather than a new market purchase.
Was Scott Jolcover’s ABAT transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not made under a Rule 10b5-1 trading plan. The document’s 10b5-1 checkbox was left unchecked, meaning the reported vesting was not executed pursuant to a pre-arranged trading plan.
How is Hard Rock Nevada connected to this ABAT Form 4 filing?
A footnote explains the vesting period for Jolcover’s previously awarded shares was amended by a January 26, 2026 consulting agreement between American Battery Technology and Hard Rock Nevada, Inc., which affected when the 8,334 shares vested.