STOCK TITAN

ABAT filing: Jolcover sells 7,432 shares at $4.90 to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Scott Jolcover, Chief Mineral Resource Officer of AMERICAN BATTERY TECHNOLOGY Co (ABAT), reported multiple transactions on Form 4. On 10/01/2025 he had 24,452 shares vest under his employment agreement and 6,250 shares vest under the company equity plan, increasing his holdings. On 10/02/2025 he sold 7,432 shares at $4.90 per share to cover tax withholding from the vesting events. After these transactions his direct beneficial ownership is reported as 332,213 shares.

Positive

  • 30,702 shares vested on 10/01/2025 (24,452 employment award; 6,250 company plan)
  • Vesting aligns executive compensation with continued service under the employment agreement and equity plan

Negative

  • Sale of 7,432 shares at $4.90 on 10/02/2025 reduced direct holdings to 332,213 shares

Insights

Insider received equity and sold shares for taxes; net holdings declined slightly.

The filing shows two vesting events totaling 30,702 shares on 10/01/2025 tied to his employment agreement and the company equity plan, which aligns compensation with continued service.

The subsequent sale of 7,432 shares at $4.90 on 10/02/2025 is explicitly for tax withholding related to the vesting. Net reported direct ownership after the activity is 332,213 shares, down from an intermediate post-vest total of 339,645.

Vesting and sell-to-cover are routine equity-compensation mechanics.

The two vesting entries indicate both an employment-agreement award (24,452 shares) and an award under the company plan (6,250 shares). The sale of 7,432 shares to satisfy tax obligations is documented and priced at $4.90 per share.

This filing discloses the mechanics and amounts only; there are no option exercises or derivative transactions disclosed.

Insider JOLCOVER SCOTT
Role Chief Mineral Resource Officer
Type Security Shares Price Value
Tax Withholding Common Stock 7,432 $4.90 $36K
Grant/Award Common Stock 24,452 $0.00 --
Grant/Award Common Stock 6,250 $0.00 --
Holdings After Transaction: Common Stock — 332,213 shares (Direct)
Footnotes (1)
  1. Represents the vesting of Common Stock previously awarded pursuant to the terms of terms of the Reporting Person's employment agreement. Represents the vesting of Common Stock previously awarded pursuant to the Company's employee equity compensation plan. Represents the sale of Common Stock to cover tax liability associated with the vesting of the aforementioned Common Stock.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
JOLCOVER SCOTT

(Last) (First) (Middle)
C/O AMERICAN BATTERY TECHNOLOGY COMPANY
100 WASHINGTON STREET, SUITE 100

(Street)
RENO NV 89503

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AMERICAN BATTERY TECHNOLOGY Co [ ABAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Mineral Resource Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/01/2025 A 24,452(1) A $0.00 333,395 D
Common Stock 10/01/2025 A 6,250(2) A $0.00 339,645 D
Common Stock 10/02/2025 F 7,432(3) D $4.9 332,213 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the vesting of Common Stock previously awarded pursuant to the terms of terms of the Reporting Person's employment agreement.
2. Represents the vesting of Common Stock previously awarded pursuant to the Company's employee equity compensation plan.
3. Represents the sale of Common Stock to cover tax liability associated with the vesting of the aforementioned Common Stock.
/s/ Scott Jolcover 10/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did ABAT report for Scott Jolcover?

On 10/01/2025 24,452 shares vested under his employment agreement and 6,250 shares vested under the company equity plan; on 10/02/2025 he sold 7,432 shares at $4.90 to cover taxes.

How many ABAT shares does Scott Jolcover beneficially own after these transactions?

The Form 4 reports direct beneficial ownership of 332,213 shares following the transactions.

Why were shares sold on 10/02/2025 according to the filing?

The filing states the sale of 7,432 shares was to cover the tax liability associated with the vesting of the aforementioned common stock.

Were any derivative securities (options, warrants) reported in this Form 4 for ABAT?

No derivative securities or option exercises are disclosed in Table II; all reported activity concerns common stock vesting and a sale.

What titles and relationship to ABAT are listed for the reporting person?

Scott Jolcover is reported as an Officer with the title Chief Mineral Resource Officer and is not listed as a director or 10% owner.