Origin Materials (ORGN) counsel discloses sell-to-cover stock transactions
Rhea-AI Filing Summary
Origin Materials, Inc. officer Joshua C. Lee, the company’s General Counsel, reported sales of company common stock mainly to cover tax obligations from restricted stock units vesting. On 12/24/2025, he sold 29,000 shares at a weighted-average price of $0.2279, leaving him with 641,884 shares. On 12/29/2025, he sold another 35,000 shares at a weighted-average price of $0.1975, after which he beneficially owned 606,884 shares. The filing notes these “sell to cover” transactions were made to satisfy tax withholding and are described as not discretionary trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 35,000 | $0.1975 | $7K |
| Sale | Common Stock | 29,000 | $0.2279 | $7K |
Footnotes (1)
- The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $0.2276 to $0.2307. The reporting person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $0.1974 to $0.1975. The reporting person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
FAQ
What insider transaction did ORGN report for Joshua C. Lee?
Joshua C. Lee, General Counsel of Origin Materials, Inc. (ORGN), reported selling common stock in two transactions on 12/24/2025 and 12/29/2025.
Were Joshua C. Lee’s ORGN stock sales discretionary trades?
The explanation notes the sales were to satisfy tax withholding through a “sell to cover” transaction and do not represent discretionary transactions by the reporting person.