Does each Restricted Stock Unit reported by FTEK’s CEO equal one common share?

Yes. Each Restricted Stock Unit represents a contingent right to receive one share of Fuel Tech common stock. Actual receipt of shares depends on satisfaction of the vesting conditions and the award’s distribution provisions.

Fuel Tech (NASDAQ: FTEK) CEO details RSUs for 300,000 shares

Q: What equity holdings did FTEK President & CEO Nuggihalli Ramesh report on this Form 3?

Nuggihalli Ramesh reported Restricted Stock Units representing 300,000 underlying shares of Fuel Tech common stock, held directly. Each RSU is a contingent right to receive one share, subject to the vesting schedule and award agreement terms.

Q: How many Fuel Tech (FTEK) shares are underlying the reported Restricted Stock Units?

The reported Restricted Stock Units are tied to 300,000 underlying shares of Fuel Tech common stock. Each RSU represents a contingent right to receive one share, assuming the applicable vesting and distribution conditions are satisfied.

Q: What is the vesting schedule for the 300,000 RSUs reported by FTEK’s CEO?

The 300,000 RSUs vest in three equal installments over three years. One-third vests on the first anniversary of July 31, 2026, one-third on the second anniversary, and one-third on the third anniversary of that date.

Q: When will shares of FTEK common stock be delivered for the vested RSUs?

Shares are generally delivered as soon as practicable after each vesting date . Delivery timing is subject to distribution restrictions in the RSU Award Agreement and any deferral elections made by the reporting person.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FUEL TECH, INC. (FTEK) reported the initial equity holdings of its President & CEO, Nuggihalli Ramesh, in the form of Restricted Stock Units (RSUs). The RSUs represent the right to receive 300,000 shares of Fuel Tech common stock, held directly. These RSUs vest in three equal installments over three years from the July 31, 2026 transaction date, with one-third vesting on each of the first, second, and third anniversaries. Each vested RSU generally results in the delivery of one share of common stock after the applicable vesting date, subject to distribution and deferral provisions in the company’s RSU Award Agreement.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nuggihalli Ramesh

Role President & CEO

Type	Security	Shares	Price	Value
holding	Restricted Stock Units ^{F2, F1}	--	--	--

Holdings After Transaction: Restricted Stock Units — 300,000 shares (Direct)

Footnotes (2)

F1. The Restricted Stock Units vest in three installments: (i) one-third of the total RSUs awarded shall vest on the one year anniversary after the transaction date shown above, (ii) one-third shall vest on the second anniversary of the transaction date shown above, and (iii) one-third shall vest on the third anniversary of the transaction date shown above. Subject to the restrictions on distribution set forth in the registrant's RSU Award Agreement, generally, shares will be delivered to the reporting person in respect of vested RSUs as soon as practicable after each vesting date, unless the reporting person has elected to defer distribution until a later date.
F2. Each Restricted Stock Unit represents a contingent right to receive one share of Fuel Tech Common Stock.

Key Figures

Underlying shares from RSUs: 300,000 shares RSU vesting installments: 3 installments Vesting period: 3 years +1 more

4 metrics

Underlying shares from RSUs 300,000 shares Common stock underlying Restricted Stock Units held directly by the President & CEO

RSU vesting installments 3 installments RSUs vest in three equal tranches on the first, second, and third anniversaries of July 31, 2026

Vesting period 3 years Full vesting occurs over three years from the July 31, 2026 transaction date

Shares per RSU 1 share per RSU Each Restricted Stock Unit represents a contingent right to receive one share of common stock

Key Terms

Restricted Stock Units, contingent right, vesting date, deferr[al] of distribution

4 terms

Restricted Stock Units financial

"The Restricted Stock Units vest in three installments"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each Restricted Stock Unit represents a contingent right to receive one share"

vesting date financial

"shares will be delivered to the reporting person in respect of vested RSUs as soon as practicable after each vesting date"

deferr[al] of distribution financial

"unless the reporting person has elected to defer distribution until a later date"

FAQ

What equity holdings did FTEK President & CEO Nuggihalli Ramesh report on this Form 3?

Nuggihalli Ramesh reported Restricted Stock Units representing 300,000 underlying shares of Fuel Tech common stock, held directly. Each RSU is a contingent right to receive one share, subject to the vesting schedule and award agreement terms.

How many Fuel Tech (FTEK) shares are underlying the reported Restricted Stock Units?

The reported Restricted Stock Units are tied to 300,000 underlying shares of Fuel Tech common stock. Each RSU represents a contingent right to receive one share, assuming the applicable vesting and distribution conditions are satisfied.

What is the vesting schedule for the 300,000 RSUs reported by FTEK’s CEO?

The 300,000 RSUs vest in three equal installments over three years. One-third vests on the first anniversary of July 31, 2026, one-third on the second anniversary, and one-third on the third anniversary of that date.

When will shares of FTEK common stock be delivered for the vested RSUs?

Shares are generally delivered as soon as practicable after each vesting date. Delivery timing is subject to distribution restrictions in the RSU Award Agreement and any deferral elections made by the reporting person.

Is the 300,000 RSU position on FTEK reported as a direct or indirect holding?

The 300,000 underlying shares tied to the Restricted Stock Units are reported as a direct holding. The ownership type is marked as direct, with no intermediary entity described for this position.

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

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Understanding Insider Trading Forms →

Available on EDGAR 08/19/2026 - 04:01 PM Accepted by SEC EDGAR 08/19/2026 - 04:01 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Nuggihalli Ramesh

(Last)

(First)

(Middle)

27601 BELLA VISTA PARKWAY

(Street)

WARRENVILLE

ILLINOIS

60555

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
07/31/2026

3. Issuer Name and Ticker or Trading Symbol
FUEL TECH, INC. [ FTEK ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & CEO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽¹⁾	⁽¹⁾	Common Stock	300,000	⁽²⁾	D

Explanation of Responses:

1. The Restricted Stock Units vest in three installments: (i) one-third of the total RSUs awarded shall vest on the one year anniversary after the transaction date shown above, (ii) one-third shall vest on the second anniversary of the transaction date shown above, and (iii) one-third shall vest on the third anniversary of the transaction date shown above. Subject to the restrictions on distribution set forth in the registrant's RSU Award Agreement, generally, shares will be delivered to the reporting person in respect of vested RSUs as soon as practicable after each vesting date, unless the reporting person has elected to defer distribution until a later date.

2. Each Restricted Stock Unit represents a contingent right to receive one share of Fuel Tech Common Stock.

	/s/ Ramesh Nuggihalli	08/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR