Fuel Tech (NASDAQ: FTEK) director awarded 15,000 Restricted Stock Units as stock compensation
Rhea-AI Filing Summary
ZEITLER DENNIS L reported acquisition or exercise transactions in this Form 4 filing.
Fuel Tech, Inc. director Dennis L. Zeitler received a grant of 15,000 Restricted Stock Units (RSUs). Each RSU represents the right to receive one share of Fuel Tech common stock, giving him 15,000 underlying shares tied to this award.
The RSUs were approved by the non-employee directors of the Compensation Committee on June 3, 2026 and were granted effective June 4, 2026. They vest in full on the one-year anniversary of the grant date, providing stock-based compensation that does not require any cash payment by the director.
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Insights
Director received a routine 15,000-unit RSU compensation grant.
Dennis L. Zeitler, a director of Fuel Tech, Inc., was awarded 15,000 Restricted Stock Units as stock-based compensation. The grant carries a conversion ratio of one share of common stock per RSU and a stated price of $0.0000 per unit, indicating no purchase outlay.
The award was approved by the non-employee directors on the Compensation Committee on June 3, 2026, with the grant dated June 4, 2026. The RSUs vest on the one-year anniversary of the transaction date, so the full 15,000 units are contingent on continued service through that date.
Following the grant, Zeitler’s reported holdings for this RSU award total 15,000 units, and no sales, exercises, or tax withholdings are shown in this filing. This is a standard compensation-related acquisition rather than an open-market buy or sell, and its impact is primarily in aligning director incentives with shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,000 | $0.00 | -- |
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one stock of FTEK Common Stock. The grant of the Restricted Stock Units was approved by the non-employee directors of the Compensation Committee of Fuel Tech, Inc. on June 3, 2026. The Restricted Stock Units vest on the one-year anniversary after the transaction date shown above.