Origin CFO granted 32,000 performance-based shares
Origin Materials, Inc. reported that CFO and COO Matthew T. Plavan acquired 32,000 shares of common stock as a compensation-related grant tied to performance stock units.
Rhea-AI Filing Summary
Origin Materials, Inc. reported that CFO and COO Matthew T. Plavan acquired 32,000 shares of common stock as a compensation-related grant tied to performance stock units. The performance condition was deemed 40% achieved on March 4, 2026.
One-third of these 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. Following this grant, Plavan directly holds 1,340,231 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reporting Person earned 32,000 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
vest financial
continued service financial
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What insider transaction did Origin Materials (ORGN) report for Matthew T. Plavan?
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