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
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Negative
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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.
How many Origin Materials (ORGN) shares did Joshua C. Lee sell and at what prices?
He sold 29,000 shares at a weighted-average price of $0.2279 on 12/24/2025 and 35,000 shares at a weighted-average price of $0.1975 on 12/29/2025.
How many ORGN shares does Joshua C. Lee own after these transactions?
After the 12/24/2025 sale he beneficially owned 641,884 shares, and after the 12/29/2025 sale he beneficially owned 606,884 shares of Origin Materials common stock.
Why did the Origin Materials General Counsel sell ORGN shares?
The filing states the sales were made to cover tax withholding obligations related to the vesting and settlement of restricted stock units under a “sell to cover” arrangement.
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.
What price ranges applied to the ORGN share sales reported by Joshua C. Lee?
For the 12/24/2025 sale, shares were sold between $0.2276 and $0.2307. For the 12/29/2025 sale, shares were sold between $0.1974 and $0.1975.