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.
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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.
Why did Matthew T. Plavan sell Origin Materials (ORGN) shares in this Form 4?
The filing states the shares were sold to cover tax withholding obligations related to the vesting and settlement of restricted stock units through a “sell to cover” transaction, and are not discretionary trades.
How many Origin Materials (ORGN) shares does Matthew T. Plavan own after this transaction?
After the reported sale, Matthew T. Plavan beneficially owns 1,308,231 shares of Origin Materials common stock directly.
What price range applied to the Origin Materials (ORGN) insider share sale?
The weighted-average sale price reported was $0.1994 per share, with individual trades executed at prices ranging from $0.1993 to $0.2001 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.