FuelCell Energy director granted 17,424 deferred units
Jordan Tyrone Michael reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jordan Tyrone Michael reported acquisition or exercise transactions in this Form 4 filing.
FuelCell Energy director Tyrone Michael Jordan received a grant of deferred common stock units as board compensation. On this Form 4, he was awarded 17,424 deferred common stock units tied to FuelCell Energy common stock, bringing his directly held deferred units to 45,407.
The units were issued under the company’s Directors Deferred Compensation Plan. According to the plan, each unit is payable in one share of common stock on a one-for-one basis when he separates from service as a director, so there is no immediate cash transaction or share delivery.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 17,424 shares
Grant/Award
1 txn
Insider
Jordan Tyrone Michael
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 — 45,407 contracts (Direct)
Footnotes (1)
- 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.
Key Figures
Deferred units granted: 17,424 units
Deferred units after grant: 45,407 units
Conversion ratio: 1 unit : 1 share
+1 more
4 metrics
Deferred units granted
17,424 units
Grant of deferred common stock units on 2026-04-08
Deferred units after grant
45,407 units
Total directly held deferred common stock units following transaction
Conversion ratio
1 unit : 1 share
Each deferred unit payable in one share of common stock at separation
Transaction price per unit
$0.00
Compensation grant, not an open-market purchase
Key Terms
Deferred Common Stock Units, Directors Deferred Compensation Plan, one-for-one basis, separation from service as a director
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
"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.
one-for-one basis financial
"payable to the reporting person, on a one-for-one basis (i.e., one share of common stock for each common stock unit)"
separation from service as a director financial
"payable to the reporting person ... upon separation from service as a director."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FuelCell Energy (FCEL) report for director Tyrone Michael Jordan?
FuelCell Energy reported that director Tyrone Michael Jordan received 17,424 deferred common stock units. These units represent board compensation and increase his total directly held deferred units to 45,407, all linked to FuelCell Energy common stock under the Directors Deferred Compensation Plan.
How many deferred common stock units did the FCEL director hold after this Form 4 transaction?
After the reported transaction, the director held 45,407 deferred common stock units directly. This total includes the new 17,424-unit grant, all of which are linked one-for-one to FuelCell Energy common stock and payable when he leaves board service under the plan.
What are deferred common stock units in the FuelCell Energy (FCEL) Form 4 filing?
The deferred common stock units are compensation instruments for directors that track FuelCell Energy common stock. Each unit converts into one share of common stock, but delivery occurs only when the director separates from service, deferring receipt of the shares until that future event.
Does the FuelCell Energy (FCEL) Form 4 show a stock purchase or sale by the director?
The Form 4 does not show a stock purchase or sale. It reports an acquisition of 17,424 deferred common stock units as a grant of director compensation, with no open-market buying or selling and no immediate issuance of common shares or cash involved.
AI-generated analysis. How Rhea-AI works. Not financial advice.
