Buettner-Garrett Joshua 4
Research Summary
AI-generated summary
Solid Power (SLDP) CTO Buettner-Garrett Receives 183,518-Share Award
What Happened
Joshua Buettner-Garrett, Chief Technology Officer of Solid Power, received a grant of 183,518 restricted stock units (RSUs) on 2026-04-01 (no cash paid). Separately, 14,284 shares were disposed on 2026-03-31 at $2.82 per share (total value $40,281) as shares were withheld to satisfy tax withholding obligations.
Key Details
- Transaction dates and amounts:
- 2026-03-31: 14,284 shares withheld at $2.82/share — $40,281 (tax withholding; disposition, code F).
- 2026-04-01: 183,518 RSUs granted (acquisition, code A), $0 cash price.
- Shares owned after transaction: Not disclosed in the supplied filing.
- Footnotes of note:
- F1: The 14,284 shares were withheld to satisfy the reporting person's tax obligation upon RSU vesting (routine tax withholding).
- F2: Each RSU represents a contingent right to one share. These RSUs vest in 16 equal quarterly installments beginning June 30, 2026, and at the end of each fiscal quarter thereafter, subject to continued service.
- Filing: Form 4 filed 2026-04-02 for transactions on 2026-03-31 and 2026-04-01; appears to be filed timely.
Context
- The grant is an award of RSUs (not an open-market purchase), a common form of executive compensation that vests over time and does not require immediate cash outlay by the executive.
- The 14,284-share disposition was a routine tax withholding related to equity vesting, not a discretionary sale indicating sentiment about the company.