Wu Steven 4

What Happened
Steven Wu, Chief Operating Officer of AMERICAN BATTERY TECHNOLOGY Co (ABAT), received two awards that vested on 2026-03-16 totaling 68,654 common shares (30,178 + 38,476) at $0.00 per share. On 2026-03-17 he disposed of 27,635 shares at $3.22 per share, generating approximately $88,985 — a sale reported to cover the tax liability associated with the vesting. Net of the tax-related disposition, the vesting added 41,019 shares to his position (68,654 vested minus 27,635 sold).

Key Details

• Transaction dates: Awards vested 2026-03-16; shares sold for tax withholding 2026-03-17.
• Prices and values: Awards were $0.00 (vested shares). 27,635 shares disposed at $3.22 each, proceeds ≈ $88,985.
• Transaction codes: A = Award/Grant (vesting); F = Tax withholding (sale to cover taxes).
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Footnotes: Vesting per employment agreement and company equity plan; the sale was to cover tax withholding on the vested shares.
• Timeliness: Filing dated 2026-03-18 for a 2026-03-16 vesting/sale — reported within the usual two-business-day window (timely).

Context
This was not a market-driven discretionary sell; it was a routine tax-withholding sale tied to the vesting of equity awards. For retail investors, vesting awards signal compensation recognition but are not the same as an executive purchasing shares with cash (which is often viewed as a stronger bullish signal). The F-code transaction simply reflects automatic or broker-assisted sale to satisfy tax obligations.