ABAT Director Fezell Converts 20,394 RSUs, Holdings Now 405,591
Rhea-AI Filing Summary
Donald R. Fezell, a director of American Battery Technology Co (ABAT), reported the vesting and issuance of 20,394 shares of common stock on 10/02/2025. The shares were issued at a price of $0.00 as they represent vested Restricted Stock Units granted under the Director Agreement dated February 22, 2022 and amended on September 22, 2023. After this transaction, Mr. Fezell beneficially owns 405,591 shares. The Form 4 was signed by Mr. Fezell on 10/03/2025. The filing shows this was a routine vesting of RSUs and not a market purchase or sale.
Positive
- 20,394 shares vested and were issued to a director, increasing insider alignment
- Director's total beneficial ownership rose to 405,591 shares after vesting
Negative
- None.
Insights
Director RSU vesting added 20,394 shares, raising holdings to 405,591.
This Form 4 documents a non‑cash issuance: 20,394 RSUs vested on 10/02/2025 and converted into common shares at $0.00, per the Director Agreement originally dated 02/22/2022 and amended 09/22/2023. The filing is signed and routine, reflecting compensation settlement rather than open‑market activity.
Why it matters: insiders increasing stake through vesting can align interests with shareholders because the director now directly holds more shares. There is no disclosed sale or change in derivative holdings, so immediate dilution or liquidity events are not indicated by this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,394 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the vesting of Restricted Stock Units ("RSUs"), granted under the terms of the Director Agreement dated February 22, 2022 (the "Employment Agreement"), as amended on September 22, 2023. Each RSU represents a right to receive one share of American Battery Technology Company common stock upon vesting.
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