secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN BATTERY TECHNOLOGY Co (ABAT)
CIK:        0001576873
Form:       8-K
Filed at:   2026-06-03T21:00:29+00:00
Accession:  0001493152-26-027118
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABAT grants CEO Melsert 2.2M performance-based RSUs with $10 stock price and revenue targets
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- CEO Ryan Melsert granted 2,200,000 performance-based RSUs (plus up to 1,100,000 bonus RSUs) under 2021 Equity Incentive Plan.
- Milestones include ABAT stock price ≥$10 for 60 days, revenue ≥$100M, Tonopah Flats NEPA Record of Decision, Financial Investment Decision, and offtake ≥$50M.
- Each milestone earns 440,000 RSUs; all five before 3rd anniversary triggers 50% bonus (1.1M additional RSUs).
- Earned RSUs vest pro rata over 4-year period; acceleration on certain terminations or change in control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576873/000149315226027118/0001493152-26-027118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576873/000149315226027118/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-027118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer