American Battery Tech (ABAT) COO gets 291K warrants, sells shares for taxes
Rhea-AI Filing Summary
AMERICAN BATTERY TECHNOLOGY Co (ABAT) reported insider equity activity by Chief Operating Officer Steven Wu. On August 22, 2026, he received 63,373 shares of common stock at $0.00 per share as vesting under his employment agreement, and on August 24, 2026, 31,344 shares of common stock were disposed of at $2.40 per share to cover associated tax liability. On August 25, 2026, he reported a transaction for 291,540 warrants to purchase common stock at an exercise price of $1.07 per share, described as an issuance under his employment agreement, leaving him with 291,540 warrants outstanding. These warrants vest 4/16 on September 16, 2025, then 1/16 quarterly until fully vested and expire five years after issuance or vesting, whichever is later, beginning August 24, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 32,029 shares
Net Buy
3 txns
Insider
Wu Steven
Role
Chief Operating Officer
Bought
291,540 shs ($312K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrants F3, F4, F5 | 291,540 | $1.07 | $312K |
| Tax Withholding | Common Stock F2 | 31,344 | $2.40 | $75K |
| Grant/Award | Common Stock F1 | 63,373 | $0.00 | $0.00 |
Holdings After Transaction:
Warrants — 291,540 shares (Direct);
Common Stock — 421,642 shares (Direct)
Footnotes (5)
- F1. Represents the vesting of Common Stock awarded pursuant to the terms of terms of the Reporting Person's employment agreement.
- F2. Represents the sale of Common Stock to cover tax liability associated with the vesting of the aforementioned Common Stock.
- F3. Represents the issuance of Warrants pursuant to the terms of terms of the Reporting Person's employment agreement.
- F4. The Warrants vest 4/16 on September 16, 2025, and thereafter 1/16th quarterly until fully vested.
- F5. The Warrants expire five years after issuance or vesting, whichever is later, beginning August 24, 2031.
Key Figures
Common stock vested: 63,373 shares
Shares disposed to cover tax liability: 31,344 shares
Tax-cover disposition price: $2.40 per share
+4 more
7 metrics
Common stock vested
63,373 shares
Vesting of common stock under Steven Wu’s employment agreement on August 22, 2026
Shares disposed to cover tax liability
31,344 shares
Disposition at $2.40 per share on August 24, 2026 to cover tax liability
Tax-cover disposition price
$2.40 per share
Price for 31,344 common shares used to cover tax liability
Warrants acquired
291,540 warrants
Issuance reported as a purchase under employment agreement on August 25, 2026
Warrant exercise price
$1.07 per share
Exercise price for warrants to purchase common stock
Initial warrant vesting
4/16
Vests 4/16 on September 16, 2025, then 1/16 quarterly until fully vested
Warrant expiration start
August 24, 2031
Warrants expire five years after issuance or vesting, whichever is later, beginning this date
Key Terms
Warrants, vesting, tax liability, exercise price, +1 more
5 terms
Warrants financial
"Represents the issuance of Warrants pursuant to the terms"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
vesting financial
"Represents the vesting of Common Stock awarded pursuant"
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 liability financial
"sale of Common Stock to cover tax liability associated"
exercise price financial
"Warrants to purchase common stock at an exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration financial
"The Warrants expire five years after issuance or vesting"
FAQ
What insider transactions did ABAT Chief Operating Officer Steven Wu report on this Form 4?
Steven Wu reported three transactions: a grant/vesting of 63,373 common shares, a disposition of 31,344 shares to cover tax liability, and an issuance reported as a purchase of 291,540 warrants with a $1.07 exercise price, all under his employment agreement.
How many ABAT warrants did Steven Wu acquire and at what exercise price?
Steven Wu reported acquiring 291,540 warrants for AMERICAN BATTERY TECHNOLOGY Co common stock, each with an exercise price of $1.07 per share. Following this transaction, he held 291,540 warrants directly.
What common stock award did ABAT grant to Steven Wu in this Form 4?
Steven Wu received 63,373 shares of AMERICAN BATTERY TECHNOLOGY Co common stock at $0.00 per share. A footnote states this represents vesting of common stock awarded under the terms of his employment agreement.
What is the vesting schedule for Steven Wu’s ABAT warrants?
The warrants vest 4/16 on September 16, 2025, then 1/16 quarterly until fully vested. A footnote also states the warrants expire five years after issuance or vesting, whichever is later, beginning August 24, 2031.
Are Steven Wu’s ABAT transactions under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes do not reference a trading plan, so these transactions are not reported as pursuant to a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
