FuelCell Energy (NASDAQ: FCEL) corrects director deferred award holdings
Rhea-AI Filing Summary
Bingham Betsy B reported acquisition or exercise transactions in this Form 4 filing.
FuelCell Energy director Betsy B. Bingham received 17,424 Deferred Common Stock Units on April 8, 2026, increasing her directly held deferred units to 18,765. These units were issued under the company’s Directors Deferred Compensation Plan and are payable in an equal number of common shares upon her separation from board service.
The amended filing also corrects a prior duplicate Form 4 that mistakenly showed 82,594 derivative securities beneficially owned after this award. This amendment confirms the correct post-transaction holding of 18,765 derivative securities, consistent with the other Form 4 filed for the same transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bingham Betsy B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Common Stock Units | 17,424 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Common Stock Units — 18,765 shares (Direct)
Footnotes (2)
- F1. Deferred common stock units issued to the reporting person pursuant to the FuelCell Energy, Inc. Directors Deferred Compensation Plan. In accordance with elections made by the reporting person under the Directors Deferred Compensation Plan, the shares of common stock underlying the common stock units are payable to the reporting person, on a one-for-one basis (i.e., one share of common stock for each common stock unit), upon separation from service as a director.
- F2. On April 10, 2026, two filings reporting the same transaction were made for the reporting person. One of the filings was made in error. That filing incorrectly reported that there were 82,594 derivative securities beneficially owned following the reported transaction. The reporting person is making this filing to correctly reflect the number of derivative securities beneficially owned by the reporting person following the reported transaction. It should be noted that this information is duplicative of the information reported in the other Form 4 filed for the reporting person on April 10, 2026.
Key Figures
Deferred units granted: 17,424 units
Holdings after transaction: 18,765 units
Grant price per unit: $0.00
+1 more
4 metrics
Deferred units granted
17,424 units
Deferred Common Stock Units awarded on April 8, 2026
Holdings after transaction
18,765 units
Total Deferred Common Stock Units beneficially owned after award
Grant price per unit
$0.00
Stated transaction price for Deferred Common Stock Units
Underlying common shares
17,424 shares
Common Stock underlying the granted deferred units, one-for-one
Key Terms
Deferred Common Stock Units, Directors Deferred Compensation Plan, beneficially owned, separation from service
4 terms
Deferred Common Stock Units financial
"Deferred common stock units issued to the reporting person pursuant to the FuelCell Energy, Inc. Directors Deferred Compensation Plan."
Deferred common stock units are promises to deliver company shares or cash tied to the company’s stock value at a later date, typically used as part of employee or executive pay. Think of them like a paycheck you elect to receive in company stock at a future date; they can affect the number of shares outstanding and company expenses, so investors watch them for potential dilution and to understand management’s incentives.
Directors Deferred Compensation Plan financial
"Deferred common stock units issued to the reporting person pursuant to the FuelCell Energy, Inc. Directors Deferred Compensation Plan."
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
beneficially owned financial
"incorrectly reported that there were 82,594 derivative securities beneficially owned following the reported transaction."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
separation from service financial
"payable to the reporting person, on a one-for-one basis ... upon separation from service as a director."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FuelCell Energy (FCEL) report for Betsy B. Bingham?
FuelCell Energy reported that director Betsy B. Bingham received 17,424 Deferred Common Stock Units on April 8, 2026. These units are a form of equity-based compensation tied to common stock and increase her deferred derivative holdings to 18,765 units.
How many FuelCell Energy deferred stock units does Betsy B. Bingham hold after this Form 4/A?
After the reported grant, Betsy B. Bingham beneficially owns 18,765 Deferred Common Stock Units. Each unit represents the right to receive one share of FuelCell Energy common stock, payable when she separates from service as a director under the company’s deferred compensation plan.
What does the FuelCell Energy Directors Deferred Compensation Plan provide in this Form 4/A?
The plan issues deferred common stock units to directors, with each unit payable in one share of common stock. Under Betsy B. Bingham’s elections, the 17,424 units granted will convert on a one-for-one basis into common shares when she leaves the FuelCell Energy board.
Why did FuelCell Energy file this Form 4/A amendment for Betsy B. Bingham?
The amendment corrects a prior duplicate Form 4 that incorrectly showed 82,594 derivative securities beneficially owned after the grant. This filing clarifies that Bingham actually holds 18,765 derivative securities following the April 8, 2026 award, matching the other Form 4 filed the same day.
Was this FuelCell Energy (FCEL) insider transaction a market purchase or sale?
No market trade occurred; it was a compensation-related grant. Betsy B. Bingham received 17,424 Deferred Common Stock Units at a stated price of $0.00 per unit, reflecting an equity award rather than an open-market buy or sell of FuelCell Energy shares.