Origin Materials CEO receives 60,000-share award
Bissell John reported acquisition or exercise transactions in this Form 4 filing.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reporting Person earned 60,000 shares upon the satisfaction of the performance condition of certain performance stock units granted to the Reporting Person on February 26, 2025. The performance conditions were deemed to have been 40% achieved on March 4, 2026. One-third of these stock units vested as of March 4, 2026, one-third will vest on January 1, 2027 and one-third will vest on January 1, 2028, subject to the Reporting Person's continued service.
Key Figures
Key Terms
performance stock units financial
performance condition financial
vested financial
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