Origin Materials (ORGN) CFO Plavan sells 12,000 shares to cover taxes
Rhea-AI Filing Summary
Origin Materials, Inc. insider trading report: On January 16, 2026, CFO and COO Matthew T. Plavan reported selling 12,000 shares of Origin Materials common stock at a weighted-average price of $0.1994 per share. According to the disclosure, these shares were sold solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units under a pre-arranged “sell to cover” transaction, and are described as non-discretionary sales by the reporting person. Following this transaction, Plavan beneficially owns 1,308,231 shares of Origin Materials common stock directly.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,000 | $0.1994 | $2K |
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 $0.1993 to $0.2001. 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 Origin Materials (ORGN) report for January 16, 2026?
Origin Materials reported that CFO and COO Matthew T. Plavan sold 12,000 shares of common stock on January 16, 2026 at a weighted-average price of $0.1994 per share.
Who is the insider involved in this Origin Materials (ORGN) Form 4 filing?
The reporting person is Matthew T. Plavan, who serves as CFO and COO of Origin Materials, Inc.
Does the Form 4 indicate these Origin Materials (ORGN) trades were part of a trading plan?
The narrative explains that the sales were executed as a “sell to cover” arrangement for tax withholding tied to restricted stock unit vesting, and are characterized as non-discretionary transactions by the reporting person.