Origin Materials (ORGN) CEO granted 60,000 performance-linked shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Bissell John reported acquisition or exercise transactions in this Form 4 filing.
Origin Materials, Inc. CEO John Bissell received 60,000 shares of common stock as a compensation-related award. The grant was recorded at a price of $0.00 per share and increased his directly held stake to 2,007,973 shares following the transaction.
According to the footnote, these shares were earned when a performance condition tied to performance stock units granted on February 26, 2025 was deemed 40% achieved on March 4, 2026. One-third of the related stock units vested on March 4, 2026, with additional one-third tranches scheduled to vest on January 1, 2027 and January 1, 2028, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bissell John
Role
CEO and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,007,973 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 60,000 shares
Grant price: $0.00 per share
Shares held after: 2,007,973 shares
+3 more
6 metrics
Shares granted
60,000 shares
Common stock award on March 4, 2026
Grant price
$0.00 per share
Compensation-related stock grant
Shares held after
2,007,973 shares
CEO direct holdings following the transaction
Performance achievement
40%
Performance condition deemed achieved on March 4, 2026
Future vesting date
January 1, 2027
Scheduled vesting of one-third of stock units
Final vesting date
January 1, 2028
Scheduled vesting of remaining one-third of stock units
Key Terms
performance stock units, performance condition, vested
3 terms
performance stock units financial
"performance stock units granted to the Reporting Person on February 26, 2025"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
performance condition financial
"earned 60,000 shares upon the satisfaction of the performance condition"
vested financial
"One-third of these stock units vested as of March 4, 2026"
FAQ
What insider transaction did Origin Materials (ORGN) report for its CEO?
Origin Materials reported that CEO John Bissell acquired 60,000 shares of common stock at $0.00 per share. The shares were granted as part of a performance-based stock award and are compensation-related, not an open-market purchase.
How do the vesting terms work for the Origin Materials CEO’s performance stock units?
One-third of the stock units vested on March 4, 2026, with remaining one-third tranches scheduled to vest on January 1, 2027 and January 1, 2028. Continued service by the CEO is required for the future vesting dates.