FuelCell Energy Inc NEW (DE) Form 4 Filings

FuelCell Energy Inc. director Homer John Livingston III purchased 26,343 shares of Common Stock on July 16, 2026, through transactions reported as open market or private purchases at a weighted average price of $18.7893 per share, with trade prices ranging from $18.71 to $18.79. This buying activity was not made under a Rule 10b5-1 trading plan and resulted in directly held ownership of 26,343 shares.

Livingston III Homer John reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy Inc. director Homer John Livingston III received a grant of 833 deferred common stock units as director retainer and committee fees paid in stock under the company's Director Compensation Program. These fees are deferred under the Directors Deferred Compensation Plan and will be settled one-for-one in common shares upon his separation from board service, bringing his directly held deferred balance to 7,263 units.

Hansen Cynthia L reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy director Cynthia L. Hansen received a grant of 988 Deferred Common Stock Units on 2026-07-15 as payment of director and committee fees under the company’s Director Compensation Program. These units raise her deferred holdings to 63,898 and are payable in an equal number of common shares upon separation from service.

England James Herbert reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy director James Herbert England received a grant of 1,451 Deferred Common Stock Units as part of his director retainer and committee fees. These units correspond one-for-one to common shares, payable upon his separation from board service. After this award, he directly holds 87,947 deferred units.

FUELCELL ENERGY INC executive Shankar Achanta, EVP and Chief Product & Technology Officer, sold 2,500 shares of Common Stock in an open-market transaction at $28.71 per share on July 6, 2026. The sale was made pursuant to a pre-established Rule 10b5-1 trading plan adopted on January 5, 2026.

Following this sale, Achanta directly owns 2,618 shares of FuelCell Energy common stock. A Rule 10b5-1 trading plan is designed to allow insiders to sell shares according to a preset schedule, helping separate trading activity from day-to-day market decisions.

Livingston III Homer John reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy Inc. director Homer John Livingston III received grants of deferred common stock units as part of his board compensation. On June 11, 2026, he was awarded 5,896 deferred common stock units and an additional 534 deferred common stock units, both at no cash cost.

These units represent director retainer and committee fees paid in stock under the company’s Director Compensation Program and Directors Deferred Compensation Plan. Each unit is payable in one share of common stock for each unit, deliverable to him when he separates from service as a director.

FUELCELL ENERGY INC executive Shankar Achanta, EVP and chief product & technology officer, reported routine equity compensation activity. On May 8, 2026, restricted stock units converted into 2,020 shares of common stock on a one-for-one basis. To satisfy tax obligations upon vesting, 492 shares were withheld at $13.70 per share, described as a tax-withholding disposition rather than an open-market sale. Following these transactions, Achanta directly holds 5,118 shares of common stock.

FuelCell Energy director Natica von Althann exercised restricted stock units into common shares. On April 21, 2026, 23,859 Director Restricted Stock Units converted on a one-for-one basis into 23,859 shares of Common Stock at a stated price of $0.00 per share.

After this compensation-related conversion, von Althann directly holds 23,988 shares of FuelCell Energy common stock. The RSUs vested and were settled in shares, with no open-market purchases or sales reported in this filing.

FuelCell Energy Inc. director Betsy B. Bingham acquired 23,859 shares of common stock through the vesting of restricted stock units. On April 21, 2026, 23,859 director RSUs converted into an equal number of common shares on a one-for-one basis and were settled in stock. After this compensation-related transaction, she directly holds 23,859 common shares, with no remaining RSUs from this grant.

FUELCELL ENERGY INC executive Shankar Achanta sold shares under a pre-planned program. As EVP and Chief Product & Technology Officer, he completed an open-market sale of 2,500 shares of common stock at $8.00 per share. Following this transaction, he directly holds 3,590 common shares. The filing notes the sale was executed pursuant to a Rule 10b5-1 trading plan adopted on January 5, 2026, indicating the trade was scheduled in advance rather than opportunistic.

FuelCell Energy director Cynthia L. Hansen received a grant of deferred equity as part of her regular board compensation. On April 15, 2026, she was awarded 2,657 Deferred Common Stock Units, representing director retainer and committee fees paid in stock rather than cash.

These units are issued under the company’s Director Compensation Program and deferred pursuant to the Directors Deferred Compensation Plan. Each unit is payable in one share of common stock on a one-for-one basis when she leaves board service. Following this award, Hansen directly holds 62,910 deferred common stock units, reflecting a routine, compensation-related acquisition rather than an open-market purchase.

England James Herbert reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy Inc. director James Herbert England received 3,902 Deferred Common Stock Units as stock-based director compensation. These units represent his director retainer and committee fees paid in stock under the company’s Director Compensation Program and deferred under the Directors Deferred Compensation Plan.

The units are tied one-for-one to shares of common stock and are payable only when he separates from service as a director. After this award, he holds 86,496 Deferred Common Stock Units directly, reflecting ongoing, routine equity-based compensation rather than an open-market share purchase or sale.

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.

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.

Sims Wilson Donna reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy director Donna Sims Wilson received a grant of deferred equity compensation. On April 8, 2026, she was awarded 17,424 Deferred Common Stock Units, each representing one share of common stock. The award was made at a price of $0.00 per unit under the company’s Directors Deferred Compensation Plan.

The units are not paid out immediately. Instead, the underlying shares of common stock will be delivered to her on a one-for-one basis after she separates from service as a director. Following this grant, she holds a total of 46,724 Deferred Common Stock Units, reflecting routine, compensation-related ownership rather than an open-market stock purchase or sale.

von Althann Natica reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy Inc. director Natica von Althann received a grant of 17,424 Director Restricted Stock Units. The award was made on April 8, 2026 as compensation, not an open-market trade. These units vest on the date of the company’s regularly scheduled annual stockholder meeting to be held in 2027. After vesting, they will be settled in either cash or shares of FuelCell Energy common stock, at the discretion of the Compensation and Leadership Development Committee under the 2018 Omnibus Incentive Plan. Following this grant, von Althann holds 17,424 such units directly.

HILZINGER MATTHEW F reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy Inc. director Matthew F. Hilzinger received a grant of 17,424 Deferred Common Stock Units. These units were awarded at no cash cost to him under the company’s Directors Deferred Compensation Plan.

The units are linked one-for-one to shares of common stock and are payable in shares only when he separates from service as a director. After this award, he directly holds 49,533 Deferred Common Stock Units in total.

Hansen Cynthia L reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy, Inc. director Cynthia L. Hansen received a grant of 17,424 Deferred Common Stock Units on April 8, 2026 as part of the company’s Directors Deferred Compensation Plan. Each unit represents one share of common stock, payable after she separates from service as a director.

Following this award, Hansen directly holds 60,253 Deferred Common Stock Units tied to FuelCell Energy common stock. This is a compensation-related, non-cash equity grant rather than an open-market stock purchase or sale.

England James Herbert reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy director James Herbert England received a grant of deferred common stock units as board compensation. On April 8, 2026, he was awarded 17,424 Deferred Common Stock Units at no cash price under the company’s Directors Deferred Compensation Plan. Each unit represents the right to receive one share of common stock, payable on a one-for-one basis after he separates from service as a director. Following this award, England holds a total of 82,594 deferred common stock units directly.

Bingham Betsy B reported acquisition or exercise transactions in this Form 4 filing.

FuelCell Energy director Betsy B. Bingham received a grant of 17,424 Deferred Common Stock Units as board compensation. These units were issued under the company’s Directors Deferred Compensation Plan and are convertible into an equal number of common shares, payable to her upon separation from service as a director. Following this award, she holds 82,594 deferred common stock units.

FuelCell Energy Inc. director Betsy B. Bingham received a grant of deferred common stock units as part of her board compensation. She was awarded 17,424 deferred common stock units, bringing her total deferred units to 18,765. These units were issued under the FuelCell Energy, Inc. Directors Deferred Compensation Plan. Each unit will convert into one share of common stock on a one-for-one basis and will be delivered to her only after she separates from service as a director, so this filing reflects non-cash, compensation-related equity rather than an open-market stock purchase or sale.

FuelCell Energy executive Amanda Justine Schreiber, Executive Vice President, General Counsel and Corporate Secretary, received new equity awards on January 23, 2026. She was granted 49,277 restricted stock units, each representing a right to one share of common stock or equivalent cash upon vesting. These units vest in three equal installments on the first, second, and third anniversaries of the grant date, subject to continued employment.

She was also granted 49,277 performance share units, each tied to one share of common stock or equivalent cash upon vesting. These performance units will be earned based on FuelCell Energy’s total shareholder return over fiscal year 2026, fiscal years 2026–2027, and fiscal years 2026–2028, with continued employment required until the third anniversary of the grant date. The 49,277 units reflect the target amount, and up to 235% of this target may be earned depending on total shareholder return performance.

FuelCell Energy director Cynthia L. Hansen reported receiving deferred stock-based compensation. On January 15, 2026, she acquired 2,266 Deferred Common Stock Units at a price of $0 per unit, reflecting director retainer and committee fees paid in stock under FuelCell Energy’s Director Compensation Program.

These fees are being deferred under the company’s Directors Deferred Compensation Plan, so Hansen received deferred common stock units instead of current shares. Each unit represents the right to receive one share of FuelCell Energy common stock on a one-for-one basis when she separates from service as a director. After this transaction, she beneficially owned 42,829 deferred common stock units, held directly.

FuelCell Energy director James Herbert England reported a routine stock-based compensation grant. On January 15, 2026, he was awarded 3,943 deferred common stock units, representing director retainer and committee fees paid in stock under the company’s Director Compensation Program and Directors Deferred Compensation Plan. Each unit is payable in one share of common stock when he separates from service as a director. Following this grant, he beneficially owns 65,170 deferred common stock units held directly.

FuelCell Energy, Inc. reported an insider equity transaction by its General Counsel and Corporate Secretary. On 12/30/2025, the officer acquired 6,250 shares of common stock through the vesting and conversion of restricted stock units at an exercise price of $0, and then disposed of 1,959 shares at $7.94 per share to cover tax withholding obligations. After these transactions, the officer directly beneficially owned 11,743 shares of FuelCell Energy common stock. The restricted stock units convert into common stock on a one-for-one basis and come from a grant made on 12/30/2024 that vests in two equal installments on the first and second anniversaries of the grant date, subject to continued employment.

FuelCell Energy executive vice president, treasurer and CFO Michael S. Bishop reported routine equity compensation activity. On December 11, 2025, 4,591 restricted stock units converted into the same number of shares of common stock at an exercise price of $0, and 1,439 shares were withheld at $8.75 per share to satisfy tax obligations, leaving him with 13,759 shares of common stock held directly.

These transactions relate to restricted stock units granted on December 11, 2023, which vest in three equal annual installments, subject to continued employment. Following this vesting event, Bishop also continued to hold 4,592 restricted stock units directly, each convertible into one share of common stock.

FuelCell Energy reported an insider equity transaction by its General Counsel & Corporate Secretary. On December 11, 2025, 2,525 restricted stock units converted into an equal number of common shares at an indicated price of $0, increasing the officer's direct holdings.

On the same date, 792 of those shares were withheld at a price of $8.75 to satisfy tax obligations, leaving the officer with 7,452 common shares held directly after the transactions. The restricted stock units were originally granted on December 11, 2023 and vest in three equal annual installments, subject to continued employment.

FuelCell Energy reported an insider stock transaction by its CEO and director. On December 11, 2025, 11,818 restricted stock units were converted into common stock on a one-for-one basis at an exercise price of $0. On the same date, 3,704 shares of common stock were disposed of at $8.75 per share to satisfy tax obligations related to the vesting. After these transactions, the reporting person beneficially owns 51,565 shares of FuelCell Energy common stock directly. The restricted stock units were originally granted on December 11, 2023 and vest one-third on each of the first, second and third anniversaries of the grant date, subject to continued employment.

FuelCell Energy reported that its CEO and director acquired common stock through the vesting of equity awards on 12/05/2025. On that date, 4,654 restricted stock units and 5,135 performance share units converted into common shares at $0 per share, while 1,459 shares and 1,610 shares were withheld at $8.37 to satisfy tax obligations. After these transactions, the executive directly owns 43,451 shares of common stock. The performance share payout was tied to the Company’s TSR relative to the TSR of the Russell 2000 over a three-year period, with achievement certified at 36.77% of the target following a 1-for-30 reverse stock split effected on November 8, 2024.

FuelCell Energy (FCEL) filed a Form 4 reporting director equity compensation. On 10/15/2025, the director received 1,576 deferred common stock units as retainer and committee fees, issued at $0 under the company’s director compensation program and deferred compensation plan. Each unit is payable in one share of common stock upon separation from board service. Following this transaction, the director beneficially owned 40,563 derivative securities.

FuelCell Energy, Inc. (FCEL) reported a routine insider transaction. A company director acquired 2,743 deferred common stock units on 10/15/2025, coded “A” for an award under the director compensation program.

The units were issued at $0 as fees paid in stock and are deferred; each unit is payable in one share of common stock on a one-for-one basis upon the director’s separation from service.

Following this transaction, the director beneficially owns 61,227 derivative securities, reported as Direct (D) ownership.