Fluence Energy (NASDAQ: FLNC) grants 10,658 RSUs to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fessenden Elizabeth Anne reported acquisition or exercise transactions in this Form 4 filing.
Fluence Energy, Inc. director Elizabeth Anne Fessenden received a grant of 10,658 restricted stock units linked to Class A common stock. Each unit represents the right to receive one share. The award vests in full on March 12, 2027, provided she continues serving on the Board of Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fessenden Elizabeth Anne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 10,658 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 10,658 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer. The RSUs will vest in full on March 12, 2027, the first anniversary of the date of grant, subject to the reporting person's continued service on the Board of Directors of the Issuer through the applicable vesting date. The RSUs have no expiration date.
FAQ
What insider transaction did Fluence Energy (FLNC) report for Elizabeth Anne Fessenden?
Fluence Energy reported that director Elizabeth Anne Fessenden received a grant of 10,658 restricted stock units. These units relate to Class A common stock and represent compensation in equity form rather than a market purchase or sale of existing shares.
How many restricted stock units were granted in this Fluence Energy (FLNC) Form 4?
The Form 4 shows a grant of 10,658 restricted stock units. Each RSU represents a contingent right to receive one share of Fluence Energy’s Class A common stock, reflecting an equity-based compensation award for the reporting director.
When do the Fluence Energy (FLNC) RSUs granted to Elizabeth Fessenden vest?
The restricted stock units vest in full on March 12, 2027. Vesting is contingent on Elizabeth Anne Fessenden’s continued service on Fluence Energy’s Board of Directors through that vesting date, aligning the award with ongoing board service.
What does each Fluence Energy (FLNC) restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of Class A common stock. The units are not immediately settled in shares and instead convert into stock if the vesting conditions are satisfied over time.
Are there any expiration terms for the Fluence Energy (FLNC) RSU grant?
The filing states that the restricted stock units have no expiration date. While they vest in full on March 12, 2027, subject to continued board service, there is no separate expiration feature described for these units.