Eos Energy CEO sells 250K shares after RSU vesting
Eos Energy’s CEO had 500,000 performance-based RSUs vest and then sold 250,000 shares under a Rule 10b5-1 plan to cover tax obligations.
Rhea-AI Filing Summary
Eos Energy Enterprises, Inc. (EOSE) reported that Chief Executive Officer and director Joe Mastrangelo had performance-based restricted stock units from a 2024 award vest on September 14, 2026, resulting in the delivery of 500,000 shares of common stock tied to total shareholder return performance.
Following this vesting, on September 16, 2026, Mastrangelo sold 250,000 shares of common stock at a weighted average price of $3.92 per share, with sale prices ranging from $3.84 to $4.16, in transactions effected automatically under a Rule 10b5-1 trading plan adopted on September 15, 2025 to cover estimated tax withholding obligations.
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Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 250,000 | $3.92 | $980K |
| Exercise | Performance-Based Restricted Stock Units F1, F4, F5 | 500,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 500,000 | $0.00 | $0.00 |
Footnotes (5)
- F1. On July 5, 2024, the Reporting Person was granted performance-based restricted stock units ("2024 PRSU Awards"). The 2024 PRSU Awards are eligible to vest in up to two installments based on the total shareholder return of the Issuer over two- and three-year performance periods, each commencing on July 5, 2024. On September 14, 2026, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the first performance period, resulting in the vesting of these shares.
- F2. 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 15, 2025 to cover estimated tax withholding obligations in connection with the vesting of performance-based restricted stock units.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.84 to $4.16, 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.
- F4. Represents the outstanding awarded and vested units pursuant to the 2024 PRSU Awards dated July 25, 2024 related to the achievement of certain total shareholder return objectives.
- F5. Not applicable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
performance-based restricted stock units financial
vesting financial
weighted average price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EOSE report for CEO Joe Mastrangelo?
Were the September 2026 EOSE CEO stock sales under a Rule 10b5-1 plan?
What performance-based RSUs vested for the EOSE CEO in September 2026?
What are the performance conditions on EOSE’s 2024 PRSU awards to the CEO?
Does the Form 4 show any remaining 2024 PRSU units for the EOSE CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.