Former officer at American Battery (ABAT) receives 8,333-share stock vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Battery Technology Co reported that Former Chief Resource Officer Scott Jolcover acquired 8,333 shares of Common Stock through a stock award vesting at a price of $0.00 per share. This was part of an employee equity compensation plan and reflected amended vesting terms tied to a consulting agreement.
After this vesting, Jolcover directly holds 390,505 shares of Common Stock. The transaction is compensation-related rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOLCOVER SCOTT
Role
Former Chief Resource Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,333 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 390,505 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares vested: 8,333 shares
Award price per share: $0.00 per share
Total shares after transaction: 390,505 shares
+1 more
4 metrics
Shares vested
8,333 shares
Common Stock award vesting on April 20, 2026
Award price per share
$0.00 per share
Equity compensation grant, non-cash
Total shares after transaction
390,505 shares
Direct holdings following the vesting
Acquisition transactions
1 transaction
Grant/award acquisition coded as A
Key Terms
employee equity compensation plan, vesting, consulting agreement, grant, award, or other acquisition
4 terms
employee equity compensation plan financial
"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
"the vesting period was amended by the January 26, 2026, consulting agreement between the Company and Hard Rock Nevada, Inc."
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did Scott Jolcover report in the latest ABAT Form 4 filing?
Scott Jolcover reported acquiring 8,333 shares of American Battery Technology Common Stock. The shares vested as part of an employee equity compensation plan, with no cash paid, increasing his direct holdings to 390,505 shares following the transaction.
Was the ABAT Form 4 transaction an open-market buy or sale?
The Form 4 transaction was not an open-market buy or sale. It reflects a grant or award acquisition, where 8,333 shares vested at $0.00 per share under an employee equity compensation plan, increasing the insider’s direct share ownership.
How was the vesting in the ABAT Form 4 linked to a consulting agreement?
The footnote explains the vesting relates to Common Stock previously awarded under an equity plan. The vesting period was amended by a January 26, 2026 consulting agreement between American Battery Technology and Hard Rock Nevada, Inc., affecting when these shares became vested.