Eos Energy Enterprises (NASDAQ: EOSE) director acquires 9,558 shares 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
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Insider Trade Summary
Net Buyer: 9,558 shares
Net Buy
4 txns
Insider
Bornstein Jeffrey S
Role
Director
| 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 | -- | -- | -- |
Holdings After Transaction:
Subscription Rights (right to buy) — 0 shares (Direct);
Warrant (right to buy) — 4,194 shares (Direct);
Common Stock — 143,806 shares (Direct);
Common Stock — 1,500 shares (Indirect, By Spouse)
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
Common shares acquired: 9,558 shares
Exercise price: $5.48 per share
Warrants acquired: 4,194 warrants
+4 more
7 metrics
Common shares acquired
9,558 shares
Shares of common stock received upon exercise of subscription rights on July 21, 2026
Exercise price
$5.48 per share
Exercise price for common stock and related warrants in the rights offering
Warrants acquired
4,194 warrants
Warrants received as part of units for exercised subscription rights
Direct common shares after transaction
143,806 shares
Direct common stock holdings of Jeffrey S. Bornstein following the reported transactions
Indirect common shares by spouse
1,500 shares
Common stock indirectly owned through spouse after the transaction
Subscription rights converted
9,558 rights
Subscription rights exercised and converted into units in the rights offering that closed July 21, 2026
Warrant term
10 years
Period until warrant expiration after becoming exercisable following the July 21, 2026 rights offering
Key Terms
rights offering, subscription right, warrant, exercise price
4 terms
rights offering financial
"issued by the Issuer as part of a rights offering that closed on July 21, 2026"
A rights offering is a way for a company to raise additional money by giving existing shareholders the opportunity to buy more shares at a discounted price before they are offered to the public. It’s similar to a special sale where current owners get the first chance to buy extra items at a lower cost, allowing them to increase their investment if they choose. This process matters to investors because it can affect the value of their holdings and their ability to buy new shares at favorable terms.
subscription right financial
"Represents the conversion of a subscription right issued by the Issuer as part of a rights offering"
A subscription right is a short‑term entitlement given to existing shareholders that lets them buy additional shares at a set price before the shares are offered to the public. Like a limited-time coupon to buy more of a product, it matters to investors because exercising the right can prevent ownership from being diluted and may offer a discounted chance to increase holdings, while selling the right can provide immediate cash if they don’t want more shares.
warrant financial
"0.4388 of a warrant exercisable to acquire a share of common stock"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
exercise price financial
"a warrant exercisable to acquire a share of common stock at an exercise price of $5.48 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EOSE director Jeffrey S. Bornstein report on this Form 4?
Jeffrey S. Bornstein reported exercising 9,558 subscription rights in Eos Energy’s rights offering, acquiring 9,558 common shares at a $5.48 exercise price and 4,194 warrants linked to that offering.
What are the terms of the EOSE warrants received by Jeffrey S. Bornstein?
Bornstein received 4,194 warrants, each exercisable to acquire one share of Eos Energy common stock at an exercise price of $5.48 per share. The warrants became exercisable immediately after the rights offering and expire 10 years later unless exercised or redeemed earlier.
How was EOSE’s rights offering structured for Jeffrey S. Bornstein’s subscription rights?
Each subscription right was exercisable for units consisting of 1 share of common stock and 0.4388 of a warrant with a $5.48 exercise price. Bornstein converted 9,558 subscription rights into these units when the rights offering closed on July 21, 2026.
Does Jeffrey S. Bornstein report any indirect ownership of EOSE stock?
Yes. In addition to his direct holdings, Bornstein reports indirect ownership of 1,500 shares of Eos Energy common stock held "By Spouse", indicating spousal ownership attributed to him.