Origin Materials (NASDAQ: ORGN) insider files to sell 12,000 shares
Rhea-AI Filing Summary
Origin Materials insider plans to sell 12,000 shares of common stock. The planned sale is to be executed through Merrill in San Francisco, with an aggregate market value of $2,273.46, and the shares are listed on NASDAQ. The filing notes that Origin Materials had 151,149,855 shares outstanding, providing context for the size of the planned transaction.
The securities to be sold are common stock acquired on 01/01/2026 via an RSU transaction from Origin Materials Inc., in an amount of 604,702 shares, with payment described as cash on the same date. Over the prior three months, the same seller, Matt Plavan, sold 40,000 Origin Materials securities on 12/26/2025 for gross proceeds of $7,965.15. The signer represents that they are not aware of undisclosed material adverse information about the issuer.
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FAQ
What does the Form 144 filing for ORGN disclose?
The Form 144 filing discloses that an insider of Origin Materials Inc. (ORGN), identified as Matt Plavan, plans to sell 12,000 shares of the company’s common stock through Merrill on NASDAQ, with an aggregate market value of $2,273.46. It also provides background on how and when the shares were acquired and recent sales activity.
How many Origin Materials (ORGN) shares are planned to be sold under this Form 144?
The notice states that 12,000 shares of common stock of Origin Materials are planned to be sold. These shares are to be sold through Merrill, with the filing listing an aggregate market value of $2,273.46 and trading on NASDAQ.
When were the Origin Materials (ORGN) shares to be sold under Form 144 acquired?
The securities to be sold are listed as common stock acquired on 01/01/2026 via an RSU (restricted stock unit) transaction from Origin Materials Inc.. The table reports an amount of 604,702 securities acquired, with the date of payment also shown as 01/01/2026 and the nature of payment described as cash.
What prior sales by the insider in ORGN stock does the Form 144 report?
The filing lists sales during the past three months by Matt Plavan, showing a transaction on 12/26/2025 involving 40,000 Origin Materials securities, with $7,965.15 in gross proceeds. This historical activity is provided to give context for the current planned sale.
How many Origin Materials (ORGN) shares were outstanding according to the Form 144?
The Form 144 indicates that there were 151,149,855 shares or other units outstanding of Origin Materials at the time referenced in the securities information section. This figure serves as a baseline for understanding the scale of the insider’s planned 12,000-share sale.
On which exchange and through which broker are the ORGN shares expected to be sold?
The notice states that the 12,000 Origin Materials common shares are to be sold through Merrill, with the broker’s address listed in San Francisco, and that the securities trade on the NASDAQ exchange. The approximate date of sale is given as 01/16/2026.
What representation does the insider make in the ORGN Form 144 filing?
The signer of the notice represents that they do not know of any material adverse information about the current or prospective operations of Origin Materials that has not been publicly disclosed. The form also notes that intentional misstatements or omissions of facts can constitute federal criminal violations.