Eos Energy (NASDAQ: EOSE) director converts rights into stock and warrants
Rhea-AI Filing Summary
Eos Energy Enterprises director Alexander Dimitrief participated in a Rights Offering that closed on July 21, 2026, converting subscription rights into 17,897 common shares and 7,853 warrants directly, and 1,377 shares and 603 warrants indirectly through his spouse at an exercise price of $5.48 per share. Following these exercises, he held 269,296 common shares directly and 11,377 indirectly, plus warrants that are immediately exercisable and expire 10 years after the Rights Offering closes, unless exercised or redeemed earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 19,274 shares
Net Buy
6 txns
Insider
DIMITRIEF ALEXANDER
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Subscription Rights (right to buy) F1 | 17,897 | $0.00 | $0.00 |
| Exercise | Subscription Rights (right to buy) F1 | 1,377 | $0.00 | $0.00 |
| Exercise | Warrant (right to buy) F1, F2 | 7,853 | $0.00 | $0.00 |
| Exercise | Warrant (right to buy) F1, F2 | 603 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 17,897 | $5.48 | $98K |
| Exercise | Common Stock F1 | 1,377 | $5.48 | $8K |
Holdings After Transaction:
Subscription Rights (right to buy) — 0 shares (Direct);
Subscription Rights (right to buy) — 0 shares (Indirect, By Spouse);
Warrant (right to buy) — 7,853 shares (Direct);
Warrant (right to buy) — 603 shares (Indirect, By Spouse);
Common Stock — 269,296 shares (Direct);
Common Stock — 11,377 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 (direct): 17,897 shares
Common shares acquired (indirect): 1,377 shares
Exercise price: $5.48 per share
+5 more
8 metrics
Common shares acquired (direct)
17,897 shares
Common Stock acquired upon conversion of subscription rights on July 21, 2026
Common shares acquired (indirect)
1,377 shares
Common Stock acquired indirectly through spouse via subscription rights on July 21, 2026
Exercise price
$5.48 per share
Price per common share in units issued in the Rights Offering
Direct common holdings after transaction
269,296 shares
Direct Common Stock held by Alexander Dimitrief after July 21, 2026 transactions
Indirect common holdings after transaction
11,377 shares
Common Stock held indirectly through spouse after July 21, 2026 transactions
Warrants acquired (direct)
7,853 warrants
Warrants (right to buy Common Stock) acquired directly in Rights Offering units
Warrants acquired (indirect)
603 warrants
Warrants acquired indirectly through spouse in Rights Offering units
Warrant term
10 years
Warrants become exercisable immediately and expire 10 years after the Rights Offering closes, unless exercised or redeemed earlier
Key Terms
Subscription Rights, Rights Offering, Warrant (right to buy)
3 terms
Subscription Rights financial
"Represents the conversion of a subscription right issued as part of a rights offering"
Subscription rights are short-term privileges given to existing shareholders to buy additional new shares before the general public, typically at a set price and in proportion to their current holdings. Think of it as getting a coupon for first dibs on extra slices of a pizza so your share of the pie doesn’t shrink; exercising them can be a cheaper way to maintain your ownership and voting power, while ignoring them can reduce your stake and potential future earnings.
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.
Warrant (right to buy) financial
"Warrants became exercisable immediately after the Rights Offering closed and expire 10 years later"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did Alexander Dimitrief report for EOSE on July 21, 2026?
Alexander Dimitrief reported exercising subscription rights in Eos Energy’s Rights Offering on July 21, 2026, converting them into common stock and warrants held both directly and through his spouse. These are coded as exercises or conversions of derivative securities (code M), not open-market trades or sales.
What was the exercise price in the EOSE Rights Offering units for Dimitrief?
Each subscription right exercised by Dimitrief was converted into units at an exercise price of $5.48 per common share. Each unit consisted of one share of common stock plus 0.4388 of a warrant exercisable to acquire an additional share at the same $5.48 per-share price.
What warrants did Dimitrief and his spouse receive in the EOSE Rights Offering?
Upon conversion, Dimitrief received 7,853 warrants directly and 603 warrants indirectly through his spouse. According to the terms, these warrants became immediately exercisable after the Rights Offering closed and expire 10 years later, unless exercised or redeemed earlier by the holder.
Were the reported EOSE transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and no footnote states these trades were made under a 10b5-1 arrangement. The reported activity reflects rights-offering subscription exercises rather than discretionary open-market buying or selling.