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Siemens group (FLNC) discloses 29.3% Fluence stake, 51.7% group

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Siemens-affiliated entities report significant ownership in Fluence Energy, Inc. As of June 30, 2026, Siemens AG is the record holder of 19,738,064 shares of Fluence Class A common stock and SPT Holding Sarl is the record holder of 21,694,717 shares.

Because SPT Holding is wholly owned by Siemens Pension-Trust e.V., and Siemens AG is an affiliate of Siemens Pension-Trust e.V., these entities may be deemed to share beneficial ownership of an aggregate 41,432,781 shares, or 29.3% of Fluence’s Class A common stock, based on 141,534,496 shares outstanding as of May 12, 2026. A Stockholder Agreement among the Siemens entities, AES Grid Stability, LLC and Qatar Holding LLC leads them to be treated as a Section 13(d) “group” deemed to beneficially own 94,666,665 shares, or 51.7% of the class, calculated under Rule 13d-3. The Siemens-related reporting persons expressly disclaim beneficial ownership of any shares deemed owned solely by virtue of this agreement.

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Siemens AG shares 19,738,064 shares Record holder position in Fluence Class A as of June 30, 2026
SPT Holding Sarl shares 21,694,717 shares Record holder position in Fluence Class A as of June 30, 2026
Aggregate Siemens-related shares 41,432,781 shares Combined beneficial ownership attributed to Siemens-affiliated entities
Siemens beneficial ownership percentage 29.3 % Portion of Fluence Class A based on 141,534,496 shares outstanding
Shares outstanding 141,534,496 shares Fluence Class A common stock outstanding as of May 12, 2026
Group beneficial ownership shares 94,666,665 shares Deemed owned by group under Stockholder Agreement as of June 30, 2026
Group beneficial ownership percentage 51.7 % Deemed ownership of Fluence Class A under Rule 13d-3
beneficial ownership financial
"Such beneficial ownership represents in the aggregate 29.3% of the total Class A"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Stockholder Agreement financial
"The Reporting Persons, AES Grid Stability, LLC and Qatar Holding LLC are parties to a Stockholder Agreement"
Section 13(d) of the Securities Exchange Act of 1934 regulatory
"acting as a "group" with the other Stockholders within the meaning of Section 13(d) of the Securities Exchange Act of 1934"
Section 13(d) of the Securities Exchange Act of 1934 is a U.S. rule that requires anyone who buys more than 5% of a public company’s shares to publicly disclose who they are, how many shares they own, and their intentions toward the company. For investors, this is like a neighborhood alert when someone acquires a large stake in a building: it reveals potential changes in control or strategy that could affect the stock’s price, governance, or future direction.
Rule 13d-3 regulatory
"would be deemed to beneficially own an aggregate of 94,666,665 shares ... calculated pursuant to Rule 13d-3"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
shared voting power financial
"Shared Voting Power 21,694,717.00 7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How much of Fluence Energy (FLNC) do Siemens-affiliated entities report owning?

Siemens-affiliated entities report beneficial ownership of 41,432,781 shares of Fluence Class A common stock, representing 29.3% of the class, based on 141,534,496 shares outstanding as of May 12, 2026.

What are the individual Fluence (FLNC) holdings of Siemens AG and SPT Holding Sarl?

As of June 30, 2026, Siemens AG holds 19,738,064 shares of Fluence Class A common stock, and SPT Holding Sarl holds 21,694,717 shares, with SPT Holding being wholly owned by Siemens Pension-Trust e.V.

What percentage of Fluence (FLNC) does the broader stockholder group beneficially own?

A group including Siemens entities, AES Grid Stability, LLC and Qatar Holding LLC is deemed to beneficially own 94,666,665 shares of Fluence Class A common stock, or 51.7% of the class, calculated under Rule 13d-3.

Do Siemens entities claim full beneficial ownership of all group Fluence (FLNC) shares?

No. The Siemens-related reporting persons expressly disclaim beneficial ownership of any Fluence Class A shares that they may be deemed to own solely due to the Stockholder Agreement with the other stockholders.





34379V103

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



SPT Holding Sarl
Signature:/s/ Thomas Gruenewald
Name/Title:Thomas Gruenewald, Chief Executive Officer
Date:08/10/2026
Signature:/s/ Denis Stoffel
Name/Title:Denis Stoffel, Chief Financial Officer
Date:08/10/2026
Siemens Pension-Trust e.V.
Signature:/s/ Dr. Peter Rathgeb
Name/Title:Dr. Peter Rathgeb, Chair of the Board
Date:08/10/2026
Signature:/s/ Heiko Fischer
Name/Title:Heiko Fischer, Vice Chair of the Board
Date:08/10/2026
Siemens AG
Signature:/s/ Sabine Kalbitz
Name/Title:Sabine Kalbitz, Chief Counsel Mergers, Acquisitions and Corporate
Date:08/10/2026
Signature:/s/ Ingy Badie
Name/Title:Ingy Badie, SVP M&A
Date:08/10/2026