Van Scoter John C. 4
Research Summary
AI-generated summary
Solid Power (SLDP) CEO John C. Van Scoter Sells 308,010 Shares
What Happened
- John C. Van Scoter, President, CEO and Director of Solid Power, reported a disposition of 308,010 shares on 2026-05-11. The shares were recorded at $3.08 per share for a total value of $947,131. This was a tax-withholding disposition (code F) to satisfy tax obligations upon the vesting of restricted stock units (RSUs), not an open-market sale.
Key Details
- Transaction date: 2026-05-11; reported on Form 4 filed 2026-05-12 (appears timely).
- Price per share: $3.08; Shares disposed: 308,010; Reported total value: $947,131.
- Transaction type/code: F — shares withheld to satisfy tax withholding upon RSU vesting (see footnote F1).
- Shares owned after transaction: not specified in the provided filing details.
- Filing timeliness: Filed the next day; no late filing indicated in the provided record.
Context
- This was a routine tax-withholding event tied to RSU vesting (cashless-like withholding), which is common and does not necessarily indicate the insider is reducing an investment position via open-market sales. For market-sentiment signals, open-market purchases or voluntary sales are typically more informative than tax-withholding dispositions.