American Battery (ABAT) CEO receives stock awards and covers tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Battery Technology Co Chief Executive Officer Ryan Mitchell Melsert reported routine equity compensation activity involving company common stock. On April 1, 2026, he acquired 10,938 shares from vesting of stock previously awarded under the employee equity compensation plan and 61,412 shares from vesting tied to his employment agreement. To cover associated tax liabilities, 17,919 shares were disposed of at $2.75 per share, characterized as a tax-withholding transaction rather than an open-market sale. Following these transactions, he directly holds 2,956,309 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Melsert Ryan Mitchell
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,938 | $0.00 | -- |
| Grant/Award | Common Stock | 61,412 | $0.00 | -- |
| Tax Withholding | Common Stock | 17,919 | $2.75 | $49K |
Holdings After Transaction:
Common Stock — 2,912,816 shares (Direct)
Footnotes (1)
- Represents the vesting of Common Stock previously awarded pursuant to the Company's employee equity compensation plan. Represents the vesting of Common Stock previously awarded pursuant to the terms of terms of the Reporting Person's employment agreement. Represents the sale of Common Stock to cover tax liability associated with the vesting of the aforementioned Common Stock.
Key Figures
Equity plan vesting: 10,938 shares
Employment agreement vesting: 61,412 shares
Tax-withholding shares: 17,919 shares
+1 more
4 metrics
Equity plan vesting
10,938 shares
Common Stock vested under employee equity compensation plan on April 1, 2026
Employment agreement vesting
61,412 shares
Common Stock vested under CEO employment agreement on April 1, 2026
Tax-withholding shares
17,919 shares
Common Stock disposed at $2.75 per share to cover tax liability
Holding after transactions
2,956,309 shares
CEO direct ownership of Common Stock following reported transactions
Key Terms
equity compensation plan, vesting, tax-withholding disposition, employment agreement
4 terms
equity compensation plan financial
"Represents the vesting of Common Stock previously awarded pursuant to the Company's employee equity compensation plan."
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
vesting financial
"Represents the vesting of Common Stock previously awarded pursuant to the Company's employee equity compensation plan."
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
employment agreement financial
"Represents the vesting of Common Stock previously awarded pursuant to the terms of terms of the Reporting Person's employment agreement."
FAQ
What insider transactions did ABAT CEO Ryan Melsert report?
ABAT CEO Ryan Melsert reported routine equity compensation activity. He received vested common stock from prior awards and an employment agreement, and a portion of shares was disposed of solely to cover tax liabilities related to those vestings, not as an open-market sale.
Does this ABAT Form 4 indicate a change in the CEO’s compensation structure?
The Form 4 reflects vesting of previously granted ABAT equity awards under the employee compensation plan and employment agreement. It does not describe new compensation arrangements, but rather the scheduled conversion of earlier stock awards into fully vested common shares.