Eos Energy (EOSE) director reports cash-settled RSUs and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eos Energy Enterprises director Jeffrey S. Bornstein reported compensation-related updates involving restricted stock units (RSUs) and common stock. He exercised 30,815 RSUs tied to an equal number of common shares, but a footnote explains these RSUs were settled in cash at $6.88 per unit, so no shares were actually issued or disposed of. After these entries, he reports direct ownership of 134,248 common shares and an additional 1,500 shares held indirectly by his spouse. The filing reflects routine equity compensation accounting rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,815 shares exercised/converted
Mixed
4 txns
Insider
Bornstein Jeffrey S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,815 | $0.00 | -- |
| Exercise | Common Stock | 30,815 | $0.00 | -- |
| Disposition | Common Stock | 12,326 | $6.88 | $85K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 146,574 shares (Direct, null);
Common Stock — 1,500 shares (Indirect, By Spouse)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock. Represents the cash settlement on May 19, 2026 of RSUs granted on May 19, 2025. Each RSU was settled for $6.88, the closing price per share of common stock of the Company on May 19, 2026. No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. Not applicable.
Key Figures
RSUs settled: 30,815 units
Cash settlement price: $6.88 per RSU
Direct common shares after transactions: 134,248 shares
+2 more
5 metrics
RSUs settled
30,815 units
Restricted stock units settled on May 19, 2026
Cash settlement price
$6.88 per RSU
Equal to closing common stock price on May 19, 2026
Direct common shares after transactions
134,248 shares
Direct ownership reported following Form 4 entries
Indirect common shares by spouse
1,500 shares
Indirect ownership reported as held by spouse
RSUs underlying common stock
30,815 shares
Each RSU represented a right to one common share
Key Terms
Restricted Stock Units, Disposition to issuer, derivative exercise/conversion, indirect ownership
4 terms
Restricted Stock Units financial
"The security titled "Restricted Stock Units" was exercised and linked to common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Disposition to issuer financial
"A transaction with code "D" is described as a "Disposition to issuer"."
derivative exercise/conversion financial
"Transaction code "M" is labeled as "Exercise or conversion of derivative security"."
indirect ownership financial
"An entry shows 1,500 common shares with ownership type marked as indirect by spouse."
FAQ
What did Eos Energy (EOSE) director Jeffrey Bornstein report in this Form 4?
Jeffrey S. Bornstein reported RSU-related transactions and updated share holdings. 30,815 restricted stock units were exercised and settled in cash, and his direct and indirect common stock positions were updated without any open-market purchases or sales.
What is the significance of the $6.88 price in the Eos Energy (EOSE) Form 4?
The $6.88 figure is the cash settlement price per RSU, equal to Eos Energy’s closing common stock price on May 19, 2026. Each of the 30,815 RSUs was settled for $6.88, with no corresponding share issuance or sale.
How were the restricted stock units treated in the Eos Energy (EOSE) Form 4?
Each restricted stock unit represented a contingent right to one common share. In this filing, 30,815 RSUs granted on May 19, 2025 were settled in cash on May 19, 2026, rather than being converted into common shares for the reporting person.
Does this Eos Energy (EOSE) Form 4 indicate routine compensation activity?
Yes. The filing describes a cash settlement of previously granted RSUs and updated share counts. With no open-market trades and no net share issuance or disposal, the activity appears consistent with routine equity compensation accounting for a company director.