Director at Eos Energy (NASDAQ: EOSE) awarded 24,289 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bornstein Jeffrey S reported acquisition or exercise transactions in this Form 4 filing.
Eos Energy Enterprises director Jeffrey S. Bornstein received a grant of restricted stock units. On the reported date, he was awarded 24,289 RSUs, each representing a contingent right to receive one share of Eos Energy common stock.
The RSUs were granted at no cash cost and will vest on the earlier of the first anniversary of the grant date or immediately before the company’s next annual shareholders meeting following the grant. After this grant, Bornstein holds 24,289 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bornstein Jeffrey S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 24,289 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 24,289 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock. The reporting person was granted RSUs that settle in cash or common stock, which will vest on the earlier of (i) the first anniversary of the grant date and (ii) immediately prior to the date of the next annual shareholders meeting of the Company following the grant date. Not applicable.
Key Figures
RSUs granted: 24,289 units
Underlying common shares: 24,289 shares
Grant price per unit: $0.0000 per RSU
+1 more
4 metrics
RSUs granted
24,289 units
Restricted Stock Units awarded to director on grant date
Underlying common shares
24,289 shares
Each RSU represents one share of common stock
Grant price per unit
$0.0000 per RSU
Equity compensation award with no cash paid by director
Holdings after grant
24,289 RSUs
Total restricted stock units held directly after this transaction
Key Terms
Restricted Stock Units, RSU, annual shareholders meeting
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of 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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
FAQ
What did EOSE director Jeffrey S. Bornstein report on this Form 4?
Jeffrey S. Bornstein reported receiving 24,289 restricted stock units from Eos Energy Enterprises. These RSUs are a form of equity-based compensation that may convert into common shares if the vesting conditions described in the filing are met.
How many Eos Energy (EOSE) RSUs were granted to the director?
The director was granted 24,289 restricted stock units. Each RSU represents a contingent right to receive one share of Eos Energy common stock, subject to the vesting terms outlined in the compensation agreement described in the Form 4 filing.
What do the EOSE restricted stock units reported in this filing represent?
Each restricted stock unit represents a contingent right to receive one share of common stock. The filing explains that these RSUs may settle in cash or common stock, depending on the company’s terms, once the specified vesting conditions have been satisfied.
When do the granted Eos Energy (EOSE) RSUs vest for the director?
The RSUs vest on the earlier of the first anniversary of the grant date or immediately before the next annual shareholders meeting. This schedule aligns the director’s compensation with continued board service through a defined future governance milestone at the company.
How many EOSE RSUs does Jeffrey S. Bornstein hold after this transaction?
Following this grant, Jeffrey S. Bornstein holds 24,289 restricted stock units. The Form 4 indicates these are held directly and are subject to the vesting conditions that determine when they convert into cash or common shares of Eos Energy Enterprises.