Eos Energy director exercises rights, gains stock, warrants
Jeffrey S. Bornstein, a director of Eos Energy Enterprises, exercised 9,558 subscription rights in a rights offering that closed on July 21, 2026, receiving 9,558 shares of common stock at a $5.48 exercise price and 4,194 warrants.
Rhea-AI Filing Summary
Jeffrey S. Bornstein, a director of Eos Energy Enterprises, exercised 9,558 subscription rights in a rights offering that closed on July 21, 2026, receiving 9,558 shares of common stock at a $5.48 exercise price and 4,194 warrants. He now holds 143,806 common shares directly, 1,500 shares indirectly via his spouse, and 4,194 warrants that became immediately exercisable and expire 10 years after the rights offering unless exercised or redeemed earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Subscription Rights (right to buy) F1 | 9,558 | $0.00 | $0.00 |
| Exercise | Warrant (right to buy) F1, F2 | 4,194 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 9,558 | $5.48 | $52K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents the conversion of a subscription right issued by the Issuer as part of a rights offering that closed on July 21, 2026 (the "Rights Offering"). Each subscription right was exercisable for units that consisted of (i) 1 share of common stock and (ii) 0.4388 of a warrant exercisable to acquire a share of common stock at an exercise price of $5.48 per share.
- F2. Warrants became exercisable immediately after the Rights Offering closed and expire 10 years later, unless exercised or redeemed earlier. If a warrant is not exercised or redeemed before it expires, it will have no value.
Key Figures
Key Terms
rights offering financial
subscription right financial
warrant financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EOSE director Jeffrey S. Bornstein report on this Form 4?
What are the terms of the EOSE warrants received by Jeffrey S. Bornstein?
How was EOSE’s rights offering structured for Jeffrey S. Bornstein’s subscription rights?
Does Jeffrey S. Bornstein report any indirect ownership of EOSE stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.