Eos Energy (EOSE) CAO sells shares after RSU vesting under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eos Energy Enterprises Chief Accounting Officer Sumeet Puri reported routine equity activity tied to restricted stock units. On June 26, 2026, he exercised 17,545 RSUs, converting them into the same number of common shares at $0.00 per share, and his RSU balance became 35,389 units.
On June 30, 2026, he then sold 8,823 common shares at a weighted average price of $5.86, in multiple trades between $5.68 and $6.12. According to the filing, these sales were executed automatically under a Rule 10b5-1 trading plan adopted on September 12, 2025 to cover estimated tax withholding obligations related to RSU vesting.
After these transactions, Puri directly owns 173,112 shares of common stock, in addition to his remaining RSUs. The activity reflects compensation-related vesting and tax coverage rather than a discretionary change in his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,823 shares ($51,703)
Net Sell
3 txns
Insider
Puri Sumeet
Role
Chief Accounting Officer
Sold
8,823 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,823 | $5.86 | $52K |
| Exercise | Restricted Stock Units | 17,545 | $0.00 | -- |
| Exercise | Common Stock | 17,645 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 173,112 shares (Direct, null);
Restricted Stock Units — 35,389 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock. The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025 to cover estimated tax withholding obligations in connection with the vesting of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.68 to $6.12, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The reporting person received a grant of RSUs under the Issuer's 2020 Incentive Plan, which will vest in three equal installments on each of the first three anniversaries of the grant date, subject to continued service through each vesting date. Not applicable.
Key Figures
Shares sold: 8,823 shares
Weighted average sale price: $5.86 per share
RSUs exercised: 17,545 units
+4 more
7 metrics
Shares sold
8,823 shares
Open-market sale on June 30, 2026
Weighted average sale price
$5.86 per share
Common stock sales between $5.68 and $6.12
RSUs exercised
17,545 units
Converted to common stock on June 26, 2026
Common shares held after transactions
173,112 shares
Direct ownership following June 2026 activity
Remaining RSUs
35,389 units
RSU balance after June 26, 2026 vesting
Price range of sales
$5.68–$6.12 per share
Multiple open-market trades on June 30, 2026
Net buy/sell shares
8,823 net shares sold
Transaction summary net direction
Key Terms
Rule 10b5-1 trading plan, restricted stock unit ("RSU"), weighted average price, 2020 Incentive Plan
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock."
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
2020 Incentive Plan financial
"The reporting person received a grant of RSUs under the Issuer's 2020 Incentive Plan..."
FAQ
What insider transactions did EOSE Chief Accounting Officer Sumeet Puri report?
Sumeet Puri reported an RSU vesting and a related share sale. He exercised 17,545 restricted stock units into common shares, then sold 8,823 shares in the open market, all within one compensation-related and tax-focused transaction sequence.
What happened to Sumeet Puri’s restricted stock units in this EOSE Form 4?
17,545 restricted stock units vested and converted into common shares. Each RSU represented a contingent right to one Eos Energy common share. Following the vesting, Puri’s remaining RSU balance is 35,389 units under the company’s 2020 Incentive Plan.