JOLCOVER SCOTT 4
Research Summary
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American Battery Technology (ABAT) Former CRO Scott Jolcover Receives Award
What Happened Scott Jolcover, formerly the Chief Resource Officer of American Battery Technology Co. (ABAT), had a total of 30,701 shares vest on April 1, 2026. The filing shows two award/vesting entries: 6,250 shares and 24,451 shares, each reported with an acquisition price of $0.00 (total reported cash value $0). These were not open-market purchases or sales but the vesting of previously granted common stock.
Key Details
- Transaction date(s) and price(s): April 1, 2026 — 6,250 shares @ $0.00 and 24,451 shares @ $0.00.
- Total shares vested: 30,701 shares; reported cash value $0 on the Form 4.
- Shares owned after transaction: not specified in the information provided in your summary.
- Footnotes: F1 and F2 state the shares vested were previously awarded under the company’s equity plans and that the vesting periods were amended by a January 26, 2026 consulting agreement between the company and Hard Rock Nevada, Inc.; one footnote references the Reporting Person’s employment agreement.
- Filing: Form 4 filed April 3, 2026 (transaction period reported April 1, 2026) — within the typical two-business-day reporting window for Form 4s.
Context This transaction reflects vesting of previously granted equity rather than a market buy or sale. Vesting awards don’t involve cash changing hands at vesting and are common components of executive and consultant compensation; they do not by themselves indicate a buy or sell signal. The filing documents the mechanics of the award and the amended vesting schedule but does not explain any insider motivation.