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.
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.
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.