Fluence Energy (FLNC) SVP settles RSUs and withholds shares for taxes
Rhea-AI Filing Summary
Fluence Energy, Inc. executive Peter Bennett Williams, SVP and CPSCO, reported the vesting and settlement of 8588 restricted stock units on July 17, 2026. These RSUs converted into an equal number of Class A Common Stock shares, of which 3905 shares were withheld at $14.0700 per share to satisfy tax withholding obligations. The RSU award vested in three equal annual installments on July 17 of 2024, 2025 and 2026, and the filing indicates these transactions were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,683 shares
Net Buy
3 txns
Insider
Williams Peter Bennett
Role
SVP and CPSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F3 | 8,588 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 8,588 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 3,905 | $14.07 | $55K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class A Common Stock — 22,292 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F2. Represents the number of shares of Class A Common Stock that have been withheld to satisfy tax withholding obligations in connection with the vesting of the RSUs.
- F3. The restricted stock units vested in three equal annual installments with the first installment having vested on July 17, 2024, the second installment having vested on July 17, 2025 and the final installment having vested on July 17, 2026.
Key Figures
RSUs exercised: 8588 units
Shares acquired: 8588 shares
Shares withheld for taxes: 3905 shares
+2 more
5 metrics
RSUs exercised
8588 units
Restricted Stock Units converted to Class A Common Stock on July 17, 2026
Shares acquired
8588 shares
Class A Common Stock received from RSU vesting on July 17, 2026
Shares withheld for taxes
3905 shares
Class A shares withheld to satisfy tax withholding obligations upon RSU vesting
Tax withholding price
$14.0700 per share
Per-share value used for shares withheld for tax obligations
RSU vesting installments
3 installments
RSUs vested in three equal annual installments ending July 17, 2026
Key Terms
Restricted Stock Unit, tax withholding obligations, Class A Common Stock, exercise or conversion of derivative security
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"shares of Class A Common Stock that have been withheld to satisfy tax withholding obligations"
Class A Common Stock financial
"one share of Class A Common Stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise or conversion of derivative security financial
"transaction code M described as exercise or conversion of derivative security"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Fluence Energy (FLNC) report for Peter Bennett Williams?
Fluence Energy (FLNC) reported that SVP and CPSCO Peter Bennett Williams had 8588 RSUs vest and convert into Class A Common Stock. On the same date, 3905 shares of that stock were withheld to cover tax obligations, with no open-market purchases or sales disclosed.
What is the vesting schedule of the Fluence Energy (FLNC) RSUs reported in this Form 4?
The reported RSUs at Fluence Energy (FLNC) vested in three equal annual installments. The first installment vested on July 17, 2024, the second on July 17, 2025, and the final installment vested on July 17, 2026, completing the award’s vesting schedule.
Were the Fluence Energy (FLNC) insider transactions made under a Rule 10b5-1 trading plan?
The transactions reported for Fluence Energy (FLNC) SVP Peter Bennett Williams were not marked as conducted under a Rule 10b5-1 trading plan. The filing’s specific 10b5-1 checkbox was left unchecked, indicating no affirmed pre-arranged trading plan status for these events.