American Battery Technology (ABAT) ex-officer receives 30,701 vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Battery Technology Co reported that former Chief Resource Officer Scott Jolcover acquired a total of 30,701 shares of common stock through equity awards on April 1, 2026. He received 6,250 shares and 24,451 shares as vesting of previously granted stock under his employment and company equity plans, with vesting terms amended by a January 26, 2026 consulting agreement with Hard Rock Nevada, Inc. Following these awards, he directly owns 382,172 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
JOLCOVER SCOTT
Role
Former Chief Resource Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,250 | $0.00 | -- |
| Grant/Award | Common Stock | 24,451 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 357,721 shares (Direct)
Footnotes (1)
- 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. Represents the vesting of Common Stock previously awarded pursuant to the terms of terms of the Reporting Person's employment agreement, where the vesting period was amended by the January 26, 2026, consulting agreement between the Company and Hard Rock Nevada, Inc.
Key Figures
Equity award 1: 6,250 shares
Equity award 2: 24,451 shares
Total awards: 30,701 shares
+2 more
5 metrics
Equity award 1
6,250 shares
Common Stock grant/award on April 1, 2026
Equity award 2
24,451 shares
Common Stock grant/award on April 1, 2026
Total awards
30,701 shares
Sum of April 1, 2026 equity awards
Holdings after transaction
382,172 shares
Direct ABAT common stock owned after awards
Award price
$0.00 per share
Both equity award transactions on April 1, 2026
Key Terms
employee equity compensation plan, vesting, consulting agreement, employment agreement
4 terms
employee equity compensation plan financial
"Represents the vesting of Common Stock previously awarded pursuant to the Company's employee equity compensation plan"
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.
consulting agreement financial
"vesting period was amended by the January 26, 2026, consulting agreement between the Company and Hard Rock Nevada, Inc."
employment agreement financial
"previously awarded pursuant to the terms of the Reporting Person's employment agreement"
FAQ
What insider transaction did ABAT’s Scott Jolcover report on this Form 4?
Former Chief Resource Officer Scott Jolcover reported acquiring 30,701 ABAT common shares through equity awards. These awards reflect vesting of previously granted stock rather than open‑market purchases, so they represent compensation rather than a new cash investment in the company’s shares.
How were the vesting terms of Scott Jolcover’s ABAT awards changed?
Footnotes state the vesting periods for these common stock awards were amended by a January 26, 2026 consulting agreement between American Battery Technology Co and Hard Rock Nevada, Inc. That agreement adjusted when the previously granted shares became fully vested and deliverable.