---
schema_version: "secwatch.filing_event.v1"
accession: "0001802457-26-000021"
form_type: "8-K"
ticker: "ORGN"
cik: "0001802457"
company_name: "Origin Materials, Inc."
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:21:19.523080+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Origin Materials board approves dissolution, liquidation; CEO steps down; workforce cut 59%

## Summary
- Board approved plan of dissolution and liquidation, subject to stockholder vote at special meeting.
- Workforce reduced ~59% (~$14M annual savings); expects ~$2.1M restructuring charges in Q2 2026.
- CEO John Bissell steps down effective May 1, 2026; CFO Matt Plavan appointed Interim CEO.
- Interim CEO Plavan and General Counsel Joshua Lee receive 25% salary increase and retention bonuses ($183,618 and $153,696).
- Company intends to sell technology and assets to maximize shareholder value during wind down.

## SEC filing metadata
- accession: 0001802457-26-000021
- form_type: 8-K
- ticker: ORGN
- cik: 0001802457
- company_name: Origin Materials, Inc.
- filed_at: 2026-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.05, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802457/000180245726000021/0001802457-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802457/000180245726000021/orgn-20260501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001802457-26-000021
- JSON: https://secwatch.observer/filing/0001802457-26-000021.json
- Plain text: https://secwatch.observer/filing/0001802457-26-000021.txt

## Source-grounded claims
- claim_id: 06e0ab8278
  claim: John Bissell departed as Chief Executive Officer at Origin Materials, Inc..
  evidence_excerpt: John Bissell has stepped down as Chief Executive Officer, effective May 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802457/000180245726000021/0001802457-26-000021-index.htm
- claim_id: c566906b0e
  claim: Matt Plavan was appointed as Interim Chief Executive Officer at Origin Materials, Inc..
  evidence_excerpt: Matt Plavan, age 62, our Chief Financial Officer and Chief Operating Officer has been appointed Interim Chief Executive Officer, effective May 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802457/000180245726000021/0001802457-26-000021-index.htm
- claim_id: 68edfb988c538d8e95a72bf56d701133e8f06b76
  claim: Origin Materials, Inc. announced a restructuring with charges of approximately $2.1 million (approximately 59%).
  evidence_excerpt: its workforce by approximately 59%, resulting in an approximately $14.0 million decrease in annual operating expenses. Origin anticipates that it will incur approximately $2.1 million in restructuring charges in connection with the workforce reduction, primarily consisting of cash expenditures of approximately $2.1 million for severance and benefits costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802457/000180245726000021/0001802457-26-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.