[Form 4] Piedmont Lithium Inc. Insider Trading Activity
Bruce Czachor, EVP, CLO & Secretary of Piedmont Lithium Inc. (PLL), reported multiple transactions on 08/29/2025. He acquired 33,410 shares of Piedmont common stock and reported beneficial ownership of 63,476 shares following the acquisition, then disposed of 63,476 shares as part of the same reporting sequence. Several Piedmont stock options were reported as disposed: options with exercise prices $16, $67.50, $55, $55 and $65 covering 41,263; 7,259; 9,069; 15,871; and 2,157 underlying shares, respectively, with various exercisable and expiration dates through 2034. The disclosure explains all transactions were affected by the Merger Agreement among Piedmont, Sayona and Shock MergeCo, effective at the merger, which converted Piedmont equity and awards into Sayona ordinary shares using a 527-for-1 exchange ratio and caused certain performance stock units to be deemed satisfied.
Bruce Czachor, EVP, CLO & Secretary di Piedmont Lithium Inc. (PLL), ha comunicato più operazioni il 29/08/2025. Ha acquisito 33.410 azioni ordinarie Piedmont, portando la misura della partecipazione beneficiaria a 63.476 azioni dopo l'acquisizione, per poi cedere 63.476 azioni nell'ambito della stessa sequenza di segnalazione. Sono state inoltre riportate cessioni di opzioni su azioni Piedmont: opzioni con prezzi di esercizio $16, $67,50, $55, $55 e $65 relative rispettivamente a 41.263; 7.259; 9.069; 15.871; e 2.157 azioni sottostanti, con varie date di esercitabilità e di scadenza fino al 2034. La comunicazione precisa che tutte le operazioni sono state effettuate in esecuzione del Merger Agreement tra Piedmont, Sayona e Shock MergeCo, efficace alla data della fusione, che ha convertito il capitale e gli award di Piedmont in azioni ordinarie Sayona con un rapporto di cambio di 527 a 1 e ha fatto sì che determinate performance stock unit siano considerate soddisfatte.
Bruce Czachor, EVP, CLO & Secretary de Piedmont Lithium Inc. (PLL), informó múltiples transacciones el 29/08/2025. Adquirió 33.410 acciones ordinarias de Piedmont y declaró una participación beneficiaria de 63.476 acciones tras la adquisición, para luego disponer de 63.476 acciones como parte de la misma secuencia de reporte. También se informaron disposiciones de varias opciones sobre acciones de Piedmont: opciones con precios de ejercicio $16, $67.50, $55, $55 y $65 que cubren 41.263; 7.259; 9.069; 15.871; y 2.157 acciones subyacentes, respectivamente, con diferentes fechas de ejercitabilidad y vencimiento hasta 2034. La divulgación aclara que todas las operaciones se llevaron a cabo en virtud del Merger Agreement entre Piedmont, Sayona y Shock MergeCo, efectivo en la fusión, que convirtió el capital y las compensaciones de Piedmont en acciones ordinarias de Sayona mediante una proporción de canje de 527 por 1 y provocó que ciertas unidades de acciones por desempeño se consideraran satisfechas.
Bruce Czachor, Piedmont Lithium Inc.(PLL)의 EVP, CLO & Secretary는 2025-08-29에 다수의 거래를 보고했습니다. 그는 Piedmont 보통주 33,410주를 취득했으며, 취득 후 유익소유권이 63,476주였다고 보고한 뒤 동일한 보고 순서에서 63,476주를 처분했습니다. 또한 여러 Piedmont 주식옵션이 처분된 것으로 보고되었습니다: 행사가격 $16, $67.50, $55, $55 및 $65의 옵션이 각각 41,263주; 7,259주; 9,069주; 15,871주; 및 2,157주의 기초주식을 커버하며, 다양한 행사 가능일 및 만기일이 2034년까지 설정되어 있습니다. 공시는 모든 거래가 Piedmont, Sayona 및 Shock MergeCo 간의 합병계약(Merger Agreement)에 따라 합병 시 유효하게 실행되었으며, 이로 인해 Piedmont의 자본 및 보상 지급분이 527대1의 교환비율로 Sayona 보통주로 전환되고 특정 성과 기반 주식단위(PSU)는 충족된 것으로 간주되었다고 설명합니다.
Bruce Czachor, EVP, CLO & Secretary de Piedmont Lithium Inc. (PLL), a déclaré plusieurs opérations le 29/08/2025. Il a acquis 33 410 actions ordinaires Piedmont et a déclaré une participation bénéficiaire de 63 476 actions après l'acquisition, puis a disposé de 63 476 actions dans le cadre de la même séquence de notification. Plusieurs options sur actions Piedmont ont été déclarées comme cédées : options avec prix d'exercice de 16 $, 67,50 $, 55 $, 55 $ et 65 $ couvrant respectivement 41 263 ; 7 259 ; 9 069 ; 15 871 ; et 2 157 actions sous-jacentes, avec diverses dates d'exercice et d'expiration jusqu'en 2034. La divulgation précise que toutes les opérations ont été effectuées en vertu du Merger Agreement entre Piedmont, Sayona et Shock MergeCo, effectif lors de la fusion, qui a converti les capitaux propres et les attributions de Piedmont en actions ordinaires Sayona selon un ratio d'échange de 527 pour 1 et a fait en sorte que certaines unités d'actions à performance soient considérées comme satisfaites.
Bruce Czachor, EVP, CLO & Secretary von Piedmont Lithium Inc. (PLL), meldete mehrere Transaktionen am 29.08.2025. Er erwarb 33.410 Piedmont-Stammaktien und meldete nach dem Erwerb eine wirtschaftliche Beteiligung von 63.476 Aktien, um im Anschluss 63.476 Aktien im Rahmen derselben Meldungsfolge zu veräußern. Zudem wurden mehrere Piedmont-Aktienoptionen als veräußert gemeldet: Optionen mit Ausübungspreisen von $16, $67,50, $55, $55 und $65, die jeweils 41.263; 7.259; 9.069; 15.871; bzw. 2.157 zugrunde liegende Aktien abdecken, mit verschiedenen Ausübungs- und Verfallterminen bis 2034. Die Offenlegung erklärt, dass alle Transaktionen durch das Merger Agreement zwischen Piedmont, Sayona und Shock MergeCo zum Zeitpunkt der Fusion wirksam wurden, wobei Piedmont-Eigenkapital und Awards im Verhältnis 527 zu 1 in Sayona-Stammaktien umgewandelt wurden und bestimmte Performance-Stock-Units als erfüllt galten.
- Disclosure tied to the Merger Agreement clarifies conversion mechanics and treatment of performance stock units, improving transparency
- Detailed option and vesting information provided for multiple strike prices and expiration dates
- None.
Insights
TL;DR: Insider reported acquisitions and corresponding disposals tied to the merger conversion of Piedmont awards into Sayona shares at a 527:1 ratio.
The Form 4 shows a complex post-merger adjustment rather than an ordinary open-market purchase or sale. The acquisition of 33,410 shares and simultaneous disposal of 63,476 shares appear to reflect conversion mechanics and award settlements under the Merger Agreement, not standalone trading decisions. Multiple stock options were converted and marked as disposed, with detailed exercise prices and vesting histories provided. For investors, this filing documents insider ownership changes driven by corporate transaction mechanics rather than new business developments.
TL;DR: Transactions are administrative effects of the Merger Agreement converting equity and awards into Sayona securities.
The explanatory notes confirm performance stock units were deemed satisfied at the merger effective time and that each Piedmont share, RSU and option converted into rights to 527 Sayona ordinary shares. Vesting schedules for certain options are disclosed, and the filing is signed by the reporting person. This filing fulfills Section 16 reporting obligations after a corporate combination and documents the treatment of insider awards; it does not assert new compensation grants or independent transfers outside the merger context.
Bruce Czachor, EVP, CLO & Secretary di Piedmont Lithium Inc. (PLL), ha comunicato più operazioni il 29/08/2025. Ha acquisito 33.410 azioni ordinarie Piedmont, portando la misura della partecipazione beneficiaria a 63.476 azioni dopo l'acquisizione, per poi cedere 63.476 azioni nell'ambito della stessa sequenza di segnalazione. Sono state inoltre riportate cessioni di opzioni su azioni Piedmont: opzioni con prezzi di esercizio $16, $67,50, $55, $55 e $65 relative rispettivamente a 41.263; 7.259; 9.069; 15.871; e 2.157 azioni sottostanti, con varie date di esercitabilità e di scadenza fino al 2034. La comunicazione precisa che tutte le operazioni sono state effettuate in esecuzione del Merger Agreement tra Piedmont, Sayona e Shock MergeCo, efficace alla data della fusione, che ha convertito il capitale e gli award di Piedmont in azioni ordinarie Sayona con un rapporto di cambio di 527 a 1 e ha fatto sì che determinate performance stock unit siano considerate soddisfatte.
Bruce Czachor, EVP, CLO & Secretary de Piedmont Lithium Inc. (PLL), informó múltiples transacciones el 29/08/2025. Adquirió 33.410 acciones ordinarias de Piedmont y declaró una participación beneficiaria de 63.476 acciones tras la adquisición, para luego disponer de 63.476 acciones como parte de la misma secuencia de reporte. También se informaron disposiciones de varias opciones sobre acciones de Piedmont: opciones con precios de ejercicio $16, $67.50, $55, $55 y $65 que cubren 41.263; 7.259; 9.069; 15.871; y 2.157 acciones subyacentes, respectivamente, con diferentes fechas de ejercitabilidad y vencimiento hasta 2034. La divulgación aclara que todas las operaciones se llevaron a cabo en virtud del Merger Agreement entre Piedmont, Sayona y Shock MergeCo, efectivo en la fusión, que convirtió el capital y las compensaciones de Piedmont en acciones ordinarias de Sayona mediante una proporción de canje de 527 por 1 y provocó que ciertas unidades de acciones por desempeño se consideraran satisfechas.
Bruce Czachor, Piedmont Lithium Inc.(PLL)의 EVP, CLO & Secretary는 2025-08-29에 다수의 거래를 보고했습니다. 그는 Piedmont 보통주 33,410주를 취득했으며, 취득 후 유익소유권이 63,476주였다고 보고한 뒤 동일한 보고 순서에서 63,476주를 처분했습니다. 또한 여러 Piedmont 주식옵션이 처분된 것으로 보고되었습니다: 행사가격 $16, $67.50, $55, $55 및 $65의 옵션이 각각 41,263주; 7,259주; 9,069주; 15,871주; 및 2,157주의 기초주식을 커버하며, 다양한 행사 가능일 및 만기일이 2034년까지 설정되어 있습니다. 공시는 모든 거래가 Piedmont, Sayona 및 Shock MergeCo 간의 합병계약(Merger Agreement)에 따라 합병 시 유효하게 실행되었으며, 이로 인해 Piedmont의 자본 및 보상 지급분이 527대1의 교환비율로 Sayona 보통주로 전환되고 특정 성과 기반 주식단위(PSU)는 충족된 것으로 간주되었다고 설명합니다.
Bruce Czachor, EVP, CLO & Secretary de Piedmont Lithium Inc. (PLL), a déclaré plusieurs opérations le 29/08/2025. Il a acquis 33 410 actions ordinaires Piedmont et a déclaré une participation bénéficiaire de 63 476 actions après l'acquisition, puis a disposé de 63 476 actions dans le cadre de la même séquence de notification. Plusieurs options sur actions Piedmont ont été déclarées comme cédées : options avec prix d'exercice de 16 $, 67,50 $, 55 $, 55 $ et 65 $ couvrant respectivement 41 263 ; 7 259 ; 9 069 ; 15 871 ; et 2 157 actions sous-jacentes, avec diverses dates d'exercice et d'expiration jusqu'en 2034. La divulgation précise que toutes les opérations ont été effectuées en vertu du Merger Agreement entre Piedmont, Sayona et Shock MergeCo, effectif lors de la fusion, qui a converti les capitaux propres et les attributions de Piedmont en actions ordinaires Sayona selon un ratio d'échange de 527 pour 1 et a fait en sorte que certaines unités d'actions à performance soient considérées comme satisfaites.
Bruce Czachor, EVP, CLO & Secretary von Piedmont Lithium Inc. (PLL), meldete mehrere Transaktionen am 29.08.2025. Er erwarb 33.410 Piedmont-Stammaktien und meldete nach dem Erwerb eine wirtschaftliche Beteiligung von 63.476 Aktien, um im Anschluss 63.476 Aktien im Rahmen derselben Meldungsfolge zu veräußern. Zudem wurden mehrere Piedmont-Aktienoptionen als veräußert gemeldet: Optionen mit Ausübungspreisen von $16, $67,50, $55, $55 und $65, die jeweils 41.263; 7.259; 9.069; 15.871; bzw. 2.157 zugrunde liegende Aktien abdecken, mit verschiedenen Ausübungs- und Verfallterminen bis 2034. Die Offenlegung erklärt, dass alle Transaktionen durch das Merger Agreement zwischen Piedmont, Sayona und Shock MergeCo zum Zeitpunkt der Fusion wirksam wurden, wobei Piedmont-Eigenkapital und Awards im Verhältnis 527 zu 1 in Sayona-Stammaktien umgewandelt wurden und bestimmte Performance-Stock-Units als erfüllt galten.
FAQ
What did Bruce Czachor report on Form 4 for PLL?
How were Piedmont securities treated in the merger described in the filing?
Which stock option strike prices and underlying share amounts were reported?
Were any performance stock units affected by the merger?
Does the Form 4 show open-market trading by the insider?
